148, NEWARK AVENUE, PETERBOROUGH, PE1 4NP - £222,500

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

148 NEWARK AVENUE is a very small extended detached house of 65m², built sometime between 1930 and 1949. It was last sold for £222,500 in June 2022, which was around 38% below the average June 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was B.

148 NEWARK AVENUE Sold Prices

Land registry data shows two sales for 148 NEWARK AVENUE 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 148 NEWARK AVENUE 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 24 JUN	£222,500	£361,019	38% below HPI
2008 31 JUL	£141,000	£227,423	38% below HPI

148 NEWARK AVENUE 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 148 NEWARK AVENUE sales from July 2008 and June 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 July 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2022 sale, which was also at 38% below the HPI.

How Large is 148 NEWARK AVENUE?

148 NEWARK AVENUE is 65m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 148 NEWARK AVENUE lies on this distribution: 4% of detached houses are smaller than 148 NEWARK AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

148 NEWARK AVENUE: Plot and Title Map

148 NEWARK AVENUE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 148 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 148 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 148 NEWARK AVENUE?

148 NEWARK AVENUE is located in PETERBOROUGH, in the PE1 postcode district. The below map shows the position of No. 148 on NEWARK AVENUE.