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
2 LIDGATE CLOSE is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £330,000 in April 2024, which was around 11% below the average April 2024 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 LIDGATE CLOSE since 1st 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. One of the two 2 LIDGATE CLOSE sales was for below the average price, whilst the other was 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 25 APR | £330,000 | £370,873 | 11% below HPI |
1999 28 JUN | £102,500 | £85,326 | 20% above HPI |
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 LIDGATE CLOSE sales from June 1999 and April 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 June 1999 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
2 LIDGATE CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 2 LIDGATE CLOSE lies on this distribution: 45% of detached houses are smaller than 2 LIDGATE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
2 LIDGATE CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 LIDGATE CLOSE, 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 LIDGATE CLOSE). 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.
2 LIDGATE CLOSE is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 2 on LIDGATE CLOSE.