2, OAK GROVE, MARKET DEEPING, PETERBOROUGH, PE6 8LN - £275,000

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 OAK GROVE is a small detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £407,007. It was last sold for £275,000 in August 2015, which was around 11% above the average August 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

2 OAK GROVE Sold Prices

Land registry data shows two sales for 2 OAK GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 2 OAK GROVE 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
2015 20 AUG	£275,000	£247,652	11% above HPI
1997 16 SEP	£87,950	£78,704	12% above HPI

2 OAK GROVE 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 two 2 OAK GROVE sales from September 1997 and August 2015 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 September 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2015 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 OAK GROVE be worth now?

2 OAK GROVE might now be worth an estimated £407,007.

This is based on house price inflation of 48%, between August 2015 and March 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 48% inflationary increase is applied to the most recent sale price for 2 OAK GROVE of £275,000 on 20th August 2015. For the value to have increased from £275,000 to £407,007 over the ten years and five months to March 2025, the following assumptions must hold true:

• The value of 2 OAK GROVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK GROVE has not materially changed since August 2015.

How Large is 2 OAK GROVE?

2 OAK GROVE is 95m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% 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 OAK GROVE lies on this distribution: 26% of detached houses houses are smaller than 2 OAK GROVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

2 OAK GROVE: Plot and Title Map

2 OAK GROVE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 2 OAK GROVE, 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 OAK GROVE). 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 OAK GROVE?

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