1A, CHAPEL LANE, ORTON WATERVILLE, PETERBOROUGH, PE2 5EG - £757,000

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.

1A CHAPEL LANE is a very large extended detached house of 213m², built sometime between 1950 and 1966, which could now be worth an estimated £776,119. It was last sold for £757,000 in June 2022, which was around 110% above the average June 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

1A CHAPEL LANE Sold Prices

Land registry data shows three sales for 1A CHAPEL LANE 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. Two of the three 1A CHAPEL LANE sales were for above the average price, whilst one was 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
2022 1 JUN	£757,000	£361,026	110% above HPI
2021 26 FEB	£281,000	£317,732	12% below HPI
1995 15 DEC	£75,000	£73,106	3% above HPI

1A CHAPEL LANE 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 1A CHAPEL LANE sales between December 1995 and June 2022 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 February 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2022 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might 1A CHAPEL LANE be worth now?

1A CHAPEL LANE might now be worth an estimated £776,119.

This is based on house price inflation of 2.5%, between June 2022 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 2.5% inflationary increase is applied to the most recent sale price for 1A CHAPEL LANE of £757,000 on 1st June 2022. For the value to have increased from £757,000 to £776,119 over the three years to June 2025, the following assumptions must hold true:

• The value of 1A CHAPEL LANE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The June 2022 sale price of £757,000 represented a fair market value for the property.
• The size, condition, and specification of 1A CHAPEL LANE has not materially changed since June 2022.

How Large is 1A CHAPEL LANE?

1A CHAPEL LANE is 213m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% 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 1A CHAPEL LANE lies on this distribution: 96% of detached houses houses are smaller than 1A CHAPEL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

1A CHAPEL LANE: Plot and Title Map

1A CHAPEL LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 1A CHAPEL LANE, 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 1A CHAPEL LANE). 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 1A CHAPEL LANE?

1A CHAPEL LANE is located in ORTON WATERVILLE, in the PE2 postcode district. The below map shows the position of No. 1A on CHAPEL LANE.