15, CHAIN CLOSE, PETERBOROUGH, PE1 4EY - £262,000

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

15 CHAIN CLOSE is a very small detached house of 83m², built sometime between 1930 and 1949. It was last sold for £262,000 in March 2022, which was around 26% below the average March 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was B.

15 CHAIN CLOSE Sold Prices

Land registry data shows two sales for 15 CHAIN CLOSE 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 15 CHAIN CLOSE 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 17 MAR	£262,000	£355,102	26% below HPI
2020 28 MAY	£180,000	£312,659	42% below HPI

15 CHAIN CLOSE 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 15 CHAIN CLOSE sales from May 2020 and March 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 May 2020 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 CHAIN CLOSE be worth now?

15 CHAIN CLOSE might now be worth an estimated £276,345.

This is based on house price inflation of 5.5%, between March 2022 and December 2024, for 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 5.5% inflationary increase is applied to the most recent sale price for 15 CHAIN CLOSE of £262,000 on 17th March 2022. For the value to have increased from £262,000 to £276,345 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 15 CHAIN CLOSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The March 2022 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHAIN CLOSE has not materially changed since March 2022.

How Large is 15 CHAIN CLOSE?

15 CHAIN CLOSE is 83m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterborough, and where 15 CHAIN CLOSE lies on this distribution: 16% of detached houses houses are smaller than 15 CHAIN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

15 CHAIN CLOSE: Plot and Title Map

15 CHAIN CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 15 CHAIN CLOSE, 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 15 CHAIN CLOSE). 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 15 CHAIN CLOSE?

15 CHAIN CLOSE is located in PETERBOROUGH, in the PE1 postcode district. The below map shows the position of No. 15 on CHAIN CLOSE.