14, NERO PLACE, PETERBOROUGH, PE2 8FY - £265,000

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

14 NERO PLACE is a small detached house of 93m². It was last sold for £265,000 in February 2022, which was around 25% below the average February 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

14 NERO PLACE Sold Prices

Land registry data shows two sales for 14 NERO PLACE 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 14 NERO PLACE 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
2022 7 FEB	£265,000	£351,923	25% below HPI
2017 29 SEP	£227,995	£291,740	22% below HPI

14 NERO PLACE 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 14 NERO PLACE sales from September 2017 and February 2022 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 September 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 14 NERO PLACE?

14 NERO PLACE is 93m² according to the EPC inspection conducted in August 2017. 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 14 NERO PLACE lies on this distribution: 28% of detached houses are smaller than 14 NERO PLACE, and 70% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

14 NERO PLACE: Plot and Title Map

14 NERO PLACE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 14 NERO PLACE, 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 NERO PLACE). 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 NERO PLACE?

14 NERO PLACE is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 14 on NERO PLACE.