12, MEMORIAL WAY, PETERBOROUGH, PE3 6GX - £440,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 MEMORIAL WAY is a large detached house of 139m². It was last sold for £440,000 in October 2023, which was around 16% above the average October 2023 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

12 MEMORIAL WAY Sold Prices

Land registry data shows two sales for 12 MEMORIAL WAY 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 MEMORIAL WAY sales were for above 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
2023 5 OCT	£440,000	£379,044	16% above HPI
2017 21 SEP	£392,995	£291,740	35% above HPI

12 MEMORIAL WAY 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 MEMORIAL WAY sales from September 2017 and October 2023 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 September 2017 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2023 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 12 MEMORIAL WAY?

12 MEMORIAL WAY is 139m² according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 12 MEMORIAL WAY lies on this distribution: 73% of detached houses are smaller than 12 MEMORIAL WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

12 MEMORIAL WAY: Plot and Title Map

12 MEMORIAL WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 12 MEMORIAL WAY, 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 MEMORIAL WAY). 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 MEMORIAL WAY?

12 MEMORIAL WAY is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 12 on MEMORIAL WAY.