2, JAMES AVENUE, PETERBOROUGH, PE1 5BL - £230,000

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 JAMES AVENUE is a very small detached house of 75m², which could now be worth an estimated £257,249. It was last sold for £230,000 in October 2021, which was around 31% below the average October 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

2 JAMES AVENUE Sold Prices

Land registry data shows two sales for 2 JAMES AVENUE 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 2 JAMES AVENUE 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
2021 7 OCT	£230,000	£333,181	31% below HPI
2014 30 MAY	£159,995	£224,967	29% below HPI

2 JAMES AVENUE 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 2 JAMES AVENUE sales from May 2014 and October 2021 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 May 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 JAMES AVENUE be worth now?

2 JAMES AVENUE might now be worth an estimated £257,249.

This is based on house price inflation of 11.8%, between October 2021 and February 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 11.8% inflationary increase is applied to the most recent sale price for 2 JAMES AVENUE of £230,000 on 7th October 2021. For the value to have increased from £230,000 to £257,249 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 JAMES AVENUE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The October 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 JAMES AVENUE has not materially changed since October 2021.

How Large is 2 JAMES AVENUE?

2 JAMES AVENUE is 75m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 JAMES AVENUE lies on this distribution: 9% of detached houses houses are smaller than 2 JAMES AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

2 JAMES AVENUE: Plot and Title Map

2 JAMES AVENUE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 2 JAMES AVENUE, 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 JAMES AVENUE). 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 JAMES AVENUE?

2 JAMES AVENUE is located in PETERBOROUGH, in the PE1 postcode district. The below map shows the position of No. 2 on JAMES AVENUE.