14, FAIRMEAD WAY, PETERBOROUGH, PE3 6AE - £317,500

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

14 FAIRMEAD WAY is a large extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £317,500 in June 2021, which was around 2% below the average June 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

14 FAIRMEAD WAY Sold Prices

Land registry data shows three sales for 14 FAIRMEAD WAY 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. Two of the three 14 FAIRMEAD WAY sales were for below the average price, whilst one 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
2021 28 JUN	£317,500	£324,082	2% below HPI
2015 23 JAN	£228,000	£234,224	3% below HPI
2007 30 APR	£235,000	£229,609	2% above HPI

14 FAIRMEAD 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 three 14 FAIRMEAD WAY sales between April 2007 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 January 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 14 FAIRMEAD WAY?

14 FAIRMEAD WAY is 124m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 40% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 14 FAIRMEAD WAY lies on this distribution: 60% of detached houses are smaller than 14 FAIRMEAD WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

14 FAIRMEAD WAY: Plot and Title Map

14 FAIRMEAD WAY sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 14 FAIRMEAD 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 14 FAIRMEAD 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 14 FAIRMEAD WAY?

14 FAIRMEAD WAY is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 14 on FAIRMEAD WAY.