1A, NEW ROAD, ORTON WATERVILLE, PETERBOROUGH, PE2 5EJ - £510,000

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

1A NEW ROAD is a very large extended detached house of 179m², built sometime between 1991 and 1995. It was last sold for £510,000 in May 2024, which was around 36% above the average May 2024 detached price in the City of Peterborough local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

1A NEW ROAD Sold Prices

Land registry data shows two sales for 1A NEW ROAD 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 1A NEW ROAD 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
2024 28 MAY	£510,000	£373,732	36% above HPI
2017 1 AUG	£410,000	£289,781	41% above HPI

1A NEW ROAD 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 1A NEW ROAD sales from August 2017 and May 2024 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 2017 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2024 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 1A NEW ROAD?

1A NEW ROAD is 179m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 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 1A NEW ROAD lies on this distribution: 90% of detached houses are smaller than 1A NEW ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

1A NEW ROAD: Plot and Title Map

1A NEW ROAD sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 1A NEW ROAD, 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 NEW ROAD). 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 NEW ROAD?

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