2, MORBORNE CLOSE, PETERBOROUGH, PE2 8PH - £255,000

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 MORBORNE CLOSE is a very large extended detached house of 158m², built sometime between 1950 and 1966. It was last sold for £255,000 in June 2018, which was around 15% below the average June 2018 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 MORBORNE CLOSE Sold Prices

Land registry data shows four sales for 2 MORBORNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Most of the four 2 MORBORNE CLOSE 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
2018 22 JUN	£255,000	£299,789	15% below HPI
2002 30 AUG	£160,000	£148,728	8% above HPI
1997 10 JAN	£79,374	£76,438	4% above HPI
1995 21 JUL	£85,000	£74,201	15% above HPI

2 MORBORNE 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 four 2 MORBORNE CLOSE sales between July 1995 and June 2018 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 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 MORBORNE CLOSE?

2 MORBORNE CLOSE is 158m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 20% 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 MORBORNE CLOSE lies on this distribution: 82% of detached houses are smaller than 2 MORBORNE CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

2 MORBORNE CLOSE: Plot and Title Map

2 MORBORNE CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 2 MORBORNE 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 MORBORNE 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 MORBORNE CLOSE?

2 MORBORNE CLOSE is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 2 on MORBORNE CLOSE.