16, LAUREL DRIVE, THORNEY, PETERBOROUGH, PE6 0QT - £230,000

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 LAUREL DRIVE is a midsized extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £230,000 in May 2018, which was around 23% below the average May 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was B.

16 LAUREL DRIVE Sold Prices

Land registry data shows four sales for 16 LAUREL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the four 16 LAUREL DRIVE 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
2018 11 MAY	£230,000	£297,268	23% below HPI
2017 3 NOV	£197,000	£287,903	32% below HPI
2002 30 AUG	£137,000	£148,728	8% below HPI
2000 28 APR	£87,995	£92,990	5% below HPI

16 LAUREL DRIVE 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 four 16 LAUREL DRIVE sales between April 2000 and May 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 November 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16 LAUREL DRIVE?

16 LAUREL DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the largest 50% of detached houses in Thorney, based on EPC data. The below chart shows the distribution of detached houses by size in Thorney, and where 16 LAUREL DRIVE lies on this distribution: 51% of detached houses are smaller than 16 LAUREL DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Thorney.

16 LAUREL DRIVE: Plot and Title Map

16 LAUREL DRIVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 16 LAUREL DRIVE, 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 LAUREL DRIVE). 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 LAUREL DRIVE?

16 LAUREL DRIVE is located in THORNEY, in the PE6 postcode district. The below map shows the position of No. 16 on LAUREL DRIVE.