16, GROVE LANE, LONGTHORPE, PETERBOROUGH, PE3 6LZ - £465,000

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

16 GROVE LANE is a very large extended semi-detached house of 161m², built sometime before 1900. It was last sold for £465,000 in October 2018, which was around 51% above the average October 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

16 GROVE LANE Sold Prices

Land registry data shows three sales for 16 GROVE LANE 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. All of the three 16 GROVE LANE sales were 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
2018 25 OCT	£465,000	£307,853	51% above HPI
2014 17 MAR	£377,500	£222,917	69% above HPI
2011 18 MAY	£342,000	£206,242	66% above HPI

16 GROVE LANE 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 16 GROVE LANE sales between May 2011 and October 2018 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 March 2014 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the October 2018 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 16 GROVE LANE?

16 GROVE LANE is 161m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 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 16 GROVE LANE lies on this distribution: 84% of detached houses are smaller than 16 GROVE LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

16 GROVE LANE: Plot and Title Map

16 GROVE LANE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 16 GROVE LANE, 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 16 GROVE LANE). 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 16 GROVE LANE?

16 GROVE LANE is located in LONGTHORPE, in the PE3 postcode district. The below map shows the position of No. 16 on GROVE LANE.