2, CHIPPENHAM MEWS, PETERBOROUGH, PE2 7ZB - £394,000

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.

2 CHIPPENHAM MEWS is a very large detached house of 212m², built sometime between 1991 and 1995, which could now be worth an estimated £466,440. It was last sold for £394,000 in May 2020, which was around 26% above the average May 2020 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

2 CHIPPENHAM MEWS Sold Prices

Land registry data shows three sales for 2 CHIPPENHAM MEWS 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 2 CHIPPENHAM MEWS 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
2020 29 MAY	£394,000	£312,659	26% above HPI
2012 19 JAN	£265,000	£204,041	30% above HPI
1995 17 MAR	£102,000	£72,535	41% above HPI

2 CHIPPENHAM MEWS 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 2 CHIPPENHAM MEWS sales between March 1995 and May 2020 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 January 2012 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 CHIPPENHAM MEWS be worth now?

2 CHIPPENHAM MEWS might now be worth an estimated £466,440.

This is based on house price inflation of 18.4%, between May 2020 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 18.4% inflationary increase is applied to the most recent sale price for 2 CHIPPENHAM MEWS of £394,000 on 29th May 2020. For the value to have increased from £394,000 to £466,440 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 2 CHIPPENHAM MEWS has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The May 2020 sale price of £394,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHIPPENHAM MEWS has not materially changed since May 2020.

How Large is 2 CHIPPENHAM MEWS?

2 CHIPPENHAM MEWS is 212m² according to the EPC inspection conducted in July 2011. 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 2 CHIPPENHAM MEWS lies on this distribution: 96% of detached houses houses are smaller than 2 CHIPPENHAM MEWS, and 4% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

2 CHIPPENHAM MEWS: Plot and Title Map

2 CHIPPENHAM MEWS sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 CHIPPENHAM MEWS, 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 2 CHIPPENHAM MEWS). 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 2 CHIPPENHAM MEWS?

2 CHIPPENHAM MEWS is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 2 on CHIPPENHAM MEWS.