12, MAGDA CLOSE, STANGROUND SOUTH, PETERBOROUGH, PE2 8WF - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 MAGDA CLOSE is a small detached house of 93m², which could now be worth an estimated £293,214. It was last sold for £250,000 in February 2021, which was around 21% below the average February 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

12 MAGDA CLOSE Sold Prices

Land registry data shows two sales for 12 MAGDA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 12 MAGDA CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 26 FEB	£250,000	£317,732	21% below HPI
2018 26 OCT	£240,995	£307,860	22% below HPI

12 MAGDA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The two 12 MAGDA CLOSE sales from October 2018 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 MAGDA CLOSE be worth now?

12 MAGDA CLOSE might now be worth an estimated £293,214.

This is based on house price inflation of 17.3%, between February 2021 and February 2025, for detached houses, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.3% inflationary increase is applied to the most recent sale price for 12 MAGDA CLOSE of £250,000 on 26th February 2021. For the value to have increased from £250,000 to £293,214 over the four years to February 2025, the following assumptions must hold true:

• The value of 12 MAGDA CLOSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The February 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MAGDA CLOSE has not materially changed since February 2021.

How Large is 12 MAGDA CLOSE?

12 MAGDA CLOSE is 93m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterborough, and where 12 MAGDA CLOSE lies on this distribution: 28% of detached houses houses are smaller than 12 MAGDA CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

12 MAGDA CLOSE: Plot and Title Map

12 MAGDA CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 12 MAGDA CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 MAGDA CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 MAGDA CLOSE?

12 MAGDA CLOSE is located in STANGROUND SOUTH, in the PE2 postcode district. The below map shows the position of No. 12 on MAGDA CLOSE.