16, MELFORD CLOSE, PETERBOROUGH, PE3 9NG - £335,000

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 MELFORD CLOSE is a large extended detached house of 148m², built sometime between 1983 and 1990. It was last sold for £335,000 in December 2019, which was around 8% above the average December 2019 detached price in the City of Peterborough local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

16 MELFORD CLOSE Sold Prices

Land registry data shows two sales for 16 MELFORD 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 16 MELFORD CLOSE 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
2019 4 DEC	£335,000	£309,512	8% above HPI
1996 20 SEP	£73,000	£72,248	1% above HPI

16 MELFORD 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 16 MELFORD CLOSE sales from September 1996 and December 2019 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 September 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 16 MELFORD CLOSE?

16 MELFORD CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 MELFORD CLOSE lies on this distribution: 78% of detached houses are smaller than 16 MELFORD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

16 MELFORD CLOSE: Plot and Title Map

16 MELFORD CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 16 MELFORD 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 16 MELFORD 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 16 MELFORD CLOSE?

16 MELFORD CLOSE is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 16 on MELFORD CLOSE.