12, OBAN DRIVE, PETERBOROUGH, PE2 6TA - £283,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 OBAN DRIVE is a very small detached house of 74m², which could now be worth an estimated £297,513. It was last sold for £283,500 in March 2022, which was around 20% below the average March 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was A.

12 OBAN DRIVE Sold Prices

Land registry data shows three sales for 12 OBAN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the three 12 OBAN DRIVE 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
2022 18 MAR	£283,500	£355,102	20% below HPI
2019 8 JUL	£238,000	£303,367	22% below HPI
2014 29 AUG	£194,950	£230,036	15% below HPI

12 OBAN DRIVE 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 three 12 OBAN DRIVE sales between August 2014 and March 2022 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 July 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 OBAN DRIVE be worth now?

12 OBAN DRIVE might now be worth an estimated £297,513.

This is based on house price inflation of 4.9%, between March 2022 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 4.9% inflationary increase is applied to the most recent sale price for 12 OBAN DRIVE of £283,500 on 18th March 2022. For the value to have increased from £283,500 to £297,513 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 12 OBAN DRIVE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The March 2022 sale price of £283,500 represented a fair market value for the property.
• The size, condition, and specification of 12 OBAN DRIVE has not materially changed since March 2022.

How Large is 12 OBAN DRIVE?

12 OBAN DRIVE is 74m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% 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 OBAN DRIVE lies on this distribution: 8% of detached houses houses are smaller than 12 OBAN DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

12 OBAN DRIVE: Plot and Title Map

12 OBAN DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 12 OBAN DRIVE, 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 OBAN DRIVE). 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 OBAN DRIVE?

12 OBAN DRIVE is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 12 on OBAN DRIVE.