1A, RIDGEWAY, PETERBOROUGH, PE2 8HQ - £235,000

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 RIDGEWAY is a small detached house of 101m², built sometime between 1967 and 1975. It was last sold for £235,000 in March 2019, which was around 22% below the average March 2019 detached price in the City of Peterborough local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

1A RIDGEWAY Sold Prices

Land registry data shows three sales for 1A RIDGEWAY 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. All of the three 1A RIDGEWAY 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
2019 20 MAR	£235,000	£302,618	22% below HPI
2013 22 NOV	£177,500	£216,310	18% below HPI
2009 18 DEC	£148,000	£203,751	27% below HPI

1A RIDGEWAY 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 RIDGEWAY sales between December 2009 and March 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 November 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1A RIDGEWAY?

1A RIDGEWAY is 101m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 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 1A RIDGEWAY lies on this distribution: 36% of detached houses are smaller than 1A RIDGEWAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

1A RIDGEWAY: Plot and Title Map

1A RIDGEWAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 1A RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

1A RIDGEWAY is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 1A on RIDGEWAY.