16, MARTINS WAY, ORTON WATERVILLE, PETERBOROUGH, PE2 5DY - £460,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 MARTINS WAY is a very large detached house of 165m², built sometime between 1996 and 2002, which could now be worth an estimated £587,557. It was last sold for £460,000 in August 2017, which was around 59% above the average August 2017 detached price in the City of Peterborough local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

16 MARTINS WAY Sold Prices

Land registry data shows three sales for 16 MARTINS WAY 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 MARTINS WAY 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
2017 14 AUG	£460,000	£289,787	59% above HPI
2014 15 AUG	£365,000	£230,036	59% above HPI
2004 17 SEP	£250,000	£201,539	24% above HPI

16 MARTINS WAY 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 MARTINS WAY sales between September 2004 and August 2017 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 August 2014 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the August 2017 sale, which was also at 59% above the HPI.

What might 16 MARTINS WAY be worth now?

16 MARTINS WAY might now be worth an estimated £587,557.

This is based on house price inflation of 27.7%, between August 2017 and June 2025, 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 27.7% inflationary increase is applied to the most recent sale price for 16 MARTINS WAY of £460,000 on 14th August 2017. For the value to have increased from £460,000 to £587,557 over the eight years and two months to June 2025, the following assumptions must hold true:

• The value of 16 MARTINS WAY has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The August 2017 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARTINS WAY has not materially changed since August 2017.

How Large is 16 MARTINS WAY?

16 MARTINS WAY is 165m² according to the EPC inspection conducted in September 2014. This puts it in the largest 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 16 MARTINS WAY lies on this distribution: 85% of detached houses houses are smaller than 16 MARTINS WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

16 MARTINS WAY: Plot and Title Map

16 MARTINS WAY sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 16 MARTINS WAY, 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 MARTINS WAY). 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 MARTINS WAY?

16 MARTINS WAY is located in ORTON WATERVILLE, in the PE2 postcode district. The below map shows the position of No. 16 on MARTINS WAY.