122, NEWARK AVENUE, PETERBOROUGH, PE1 4NS - £180,000

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

122 NEWARK AVENUE is a small extended semi-detached house of 94m², built sometime between 1930 and 1949. It was last sold for £180,000 in October 2017, which was about the average October 2017 semi-detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

122 NEWARK AVENUE Sold Prices

Land registry data shows two sales for 122 NEWARK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Peterborough local authority area for the corresponding sale date. One of the two 122 NEWARK AVENUE sales was roughly equal to the average price, whilst the other was 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
2017 13 OCT	£180,000	£179,820	Close to HPI
2003 4 DEC	£144,995	£113,624	28% above HPI

122 NEWARK AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The two 122 NEWARK AVENUE sales from December 2003 and October 2017 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 December 2003 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 122 NEWARK AVENUE be worth now?

122 NEWARK AVENUE might now be worth an estimated £239,721.

This is based on house price inflation of 33.2%, between October 2017 and December 2024, for semi-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 33.2% inflationary increase is applied to the most recent sale price for 122 NEWARK AVENUE of £180,000 on 13th October 2017. For the value to have increased from £180,000 to £239,721 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 122 NEWARK AVENUE has moved in line with the HPI for semi-detached houses in the City of Peterborough local authority area.
• The October 2017 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 122 NEWARK AVENUE has not materially changed since October 2017.

How Large is 122 NEWARK AVENUE?

122 NEWARK AVENUE is 94m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of semi-detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Peterborough, and where 122 NEWARK AVENUE lies on this distribution: 30% of semi-detached houses houses are smaller than 122 NEWARK AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

122 NEWARK AVENUE: Plot and Title Map

122 NEWARK AVENUE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 122 NEWARK AVENUE, 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 122 NEWARK AVENUE). 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 122 NEWARK AVENUE?

122 NEWARK AVENUE is located in PETERBOROUGH, in the PE1 postcode district. The below map shows the position of No. 122 on NEWARK AVENUE.