12, SHERINGHAM WAY, ORTON LONGUEVILLE, PETERBOROUGH, PE2 7AH - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 SHERINGHAM WAY is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £240,000 in September 2020, which was around 24% below the average September 2020 detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

12 SHERINGHAM WAY Sold Prices

Land registry data shows two sales for 12 SHERINGHAM 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 SHERINGHAM 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
2020 11 SEP	£240,000	£313,875	24% below HPI
2017 6 JAN	£205,000	£275,154	25% below HPI

12 SHERINGHAM 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 SHERINGHAM WAY sales from January 2017 and September 2020 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 January 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 SHERINGHAM WAY?

12 SHERINGHAM WAY is 90m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 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 SHERINGHAM WAY lies on this distribution: 25% of detached houses are smaller than 12 SHERINGHAM WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

12 SHERINGHAM WAY: Plot and Title Map

12 SHERINGHAM WAY sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 12 SHERINGHAM 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 SHERINGHAM 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 SHERINGHAM WAY?

12 SHERINGHAM WAY is located in ORTON LONGUEVILLE, in the PE2 postcode district. The below map shows the position of No. 12 on SHERINGHAM WAY.