17, MELFORD CLOSE, PETERBOROUGH, PE3 9NG - £395,000

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

17 MELFORD CLOSE is a large detached house of 124m², built sometime between 1967 and 1975. It was last sold for £395,000 in June 2023, which was around 6% above the average June 2023 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

17 MELFORD CLOSE Sold Prices

Land registry data shows four sales for 17 MELFORD CLOSE 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 17 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
2023 23 JUN	£395,000	£371,517	6% above HPI
2012 9 MAY	£240,000	£205,010	17% above HPI
2006 2 FEB	£248,000	£211,097	17% above HPI
2001 22 FEB	£159,995	£106,345	50% above HPI

17 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 four 17 MELFORD CLOSE sales between February 2001 and June 2023 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 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 17 MELFORD CLOSE?

17 MELFORD CLOSE is 124m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 17 MELFORD CLOSE lies on this distribution: 60% of detached houses are smaller than 17 MELFORD CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

17 MELFORD CLOSE: Plot and Title Map

17 MELFORD CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 17 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 17 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 17 MELFORD CLOSE?

17 MELFORD CLOSE is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 17 on MELFORD CLOSE.