13, THE DRIVE, PETERBOROUGH, PE3 6AJ - £417,000

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

13 THE DRIVE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £417,000 in June 2021, which was around 29% above the average June 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

13 THE DRIVE Sold Prices

Land registry data shows two sales for 13 THE DRIVE 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. One of the two 13 THE DRIVE sales was for above the average price, whilst the other was 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
2021 4 JUN	£417,000	£324,082	29% above HPI
2014 11 JUL	£185,000	£228,475	19% below HPI

13 THE 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 two 13 THE DRIVE sales from July 2014 and June 2021 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 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 13 THE DRIVE?

13 THE DRIVE is 84m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 13 THE DRIVE lies on this distribution: 17% of detached houses are smaller than 13 THE DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

13 THE DRIVE: Plot and Title Map

13 THE DRIVE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 13 THE 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 13 THE 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 13 THE DRIVE?

13 THE DRIVE is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 13 on THE DRIVE.