2, MARTINS WAY, ORTON WATERVILLE, PETERBOROUGH, PE2 5DY - £495,000

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 MARTINS WAY is a midsized extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £495,000 in November 2021, which was around 47% above the average November 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

2 MARTINS WAY Sold Prices

Land registry data shows two sales for 2 MARTINS WAY 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 MARTINS WAY 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
2021 25 NOV	£495,000	£335,713	47% above HPI
1999 23 AUG	£117,000	£87,233	34% above HPI

2 MARTINS WAY 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 MARTINS WAY sales from August 1999 and November 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 August 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2021 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 2 MARTINS WAY?

2 MARTINS WAY is 116m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 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 MARTINS WAY lies on this distribution: 52% of detached houses are smaller than 2 MARTINS WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

2 MARTINS WAY: Plot and Title Map

2 MARTINS WAY sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 2 MARTINS WAY, 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 MARTINS WAY). 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 MARTINS WAY?

2 MARTINS WAY is located in ORTON WATERVILLE, in the PE2 postcode district. The below map shows the position of No. 2 on MARTINS WAY.