1B, NEW ROAD, ORTON WATERVILLE, PETERBOROUGH, PE2 5EJ - £385,000

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

1B NEW ROAD is a very large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £385,000 in November 2014, which was around 65% above the average November 2014 detached price in the City of Peterborough local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

1B NEW ROAD Sold Prices

Land registry data shows three sales for 1B NEW ROAD 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 1B 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
2014 3 NOV	£385,000	£233,920	65% above HPI
2001 5 JUN	£223,500	£114,882	95% above HPI
1999 25 AUG	£189,000	£87,233	117% above HPI

1B 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 three 1B NEW ROAD sales between August 1999 and November 2014 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 June 2001 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the November 2014 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 1B NEW ROAD?

1B NEW ROAD is 160m² according to the EPC inspection conducted in September 2012. 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 1B NEW ROAD lies on this distribution: 83% of detached houses are smaller than 1B NEW ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

1B NEW ROAD: Plot and Title Map

1B NEW ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 1B 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 1B 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 1B NEW ROAD?

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