2, MEADOW ROAD, MARKET DEEPING, PETERBOROUGH, PE6 8PF - £280,000

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 MEADOW ROAD is a midsized extended detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £315,220. It was last sold for £280,000 in February 2021, which was around 14% below the average February 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

2 MEADOW ROAD Sold Prices

Land registry data shows three sales for 2 MEADOW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 2 MEADOW ROAD 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 12 FEB	£280,000	£323,915	14% below HPI
2011 19 JAN	£180,000	£208,695	14% below HPI
1995 28 NOV	£59,000	£70,060	16% below HPI

2 MEADOW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 2 MEADOW ROAD sales between November 1995 and February 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 January 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2021 sale, which was also at 14% below the HPI.

What might 2 MEADOW ROAD be worth now?

2 MEADOW ROAD might now be worth an estimated £315,220.

This is based on house price inflation of 12.6%, between February 2021 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 2 MEADOW ROAD of £280,000 on 12th February 2021. For the value to have increased from £280,000 to £315,220 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 MEADOW ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOW ROAD has not materially changed since February 2021.

How Large is 2 MEADOW ROAD?

2 MEADOW ROAD is 115m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Deeping, and where 2 MEADOW ROAD lies on this distribution: 48% of detached houses houses are smaller than 2 MEADOW ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

2 MEADOW ROAD: Plot and Title Map

2 MEADOW ROAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 2 MEADOW ROAD, 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 MEADOW ROAD). 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 MEADOW ROAD?

2 MEADOW ROAD is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 2 on MEADOW ROAD.