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 REDSHANK WAY is a very small extended detached house of 52m², built sometime between 2003 and 2006. It was last sold for £112,000 in August 2008, which was around 50% below the average August 2008 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 12 REDSHANK WAY since 1st 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 REDSHANK WAY 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 |
---|---|---|---|
2008 29 AUG | £112,000 | £222,729 | 50% below HPI |
2004 2 JUL | £114,500 | £193,843 | 41% below HPI |
2004 30 JUN | £110,995 | £191,280 | 42% below HPI |
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 REDSHANK WAY sales between June 2004 and August 2008 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 2004 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2008 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.
12 REDSHANK WAY is 52m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% 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 REDSHANK WAY lies on this distribution: 1% of detached houses are smaller than 12 REDSHANK WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
12 REDSHANK WAY sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 12 REDSHANK 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 REDSHANK 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.
12 REDSHANK WAY is located in HAMPTON VALE, in the PE7 postcode district. The below map shows the position of No. 12 on REDSHANK WAY.