2, MAGDA CLOSE, STANGROUND SOUTH, PETERBOROUGH, PE2 8WF - £271,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MAGDA CLOSE is a small detached house of 88m². It was last sold for £271,000 in September 2022, which was around 28% below the average September 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

2 MAGDA CLOSE Sold Prices

Land registry data shows two sales for 2 MAGDA CLOSE 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 MAGDA CLOSE 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
2022 16 SEP	£271,000	£374,127	28% below HPI
2018 24 AUG	£240,995	£303,552	21% below HPI

2 MAGDA CLOSE 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 MAGDA CLOSE sales from August 2018 and September 2022 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 August 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 MAGDA CLOSE?

2 MAGDA CLOSE is 88m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% 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 MAGDA CLOSE lies on this distribution: 21% of detached houses are smaller than 2 MAGDA CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

2 MAGDA CLOSE: Plot and Title Map

2 MAGDA CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 MAGDA 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 MAGDA 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.

Where is 2 MAGDA CLOSE?

2 MAGDA CLOSE is located in STANGROUND SOUTH, in the PE2 postcode district. The below map shows the position of No. 2 on MAGDA CLOSE.