17, THE DRIVE, PETERBOROUGH, PE3 6AJ - £305,000

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 THE DRIVE is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £305,000 in March 2023, which was around 20% below the average March 2023 detached price in the City of Peterborough local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

17 THE DRIVE Sold Prices

Land registry data shows two sales for 17 THE DRIVE 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 17 THE 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
2023 6 MAR	£305,000	£381,992	20% below HPI
2017 18 DEC	£260,000	£290,606	11% below HPI

17 THE 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 two 17 THE DRIVE sales from December 2017 and March 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 December 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 17 THE DRIVE?

17 THE DRIVE is 83m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 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 17 THE DRIVE lies on this distribution: 16% of detached houses are smaller than 17 THE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

17 THE DRIVE: Plot and Title Map

17 THE DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 17 THE 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 17 THE 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 17 THE DRIVE?

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