2, VIRGINIA CLOSE, PETERBOROUGH, PE3 9QZ - £231,500

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 VIRGINIA CLOSE is a midsized extended detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £411,769. It was last sold for £231,500 in August 2011, which was around 11% above the average August 2011 detached price in the City of Peterborough local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 VIRGINIA CLOSE Sold Prices

Land registry data shows two sales for 2 VIRGINIA 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 VIRGINIA 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
2011 8 AUG	£231,500	£208,098	11% above HPI
1997 16 APR	£83,000	£74,712	11% above HPI

2 VIRGINIA 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 VIRGINIA CLOSE sales from April 1997 and August 2011 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 April 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2011 sale, which was also at 11% above the HPI.

What might 2 VIRGINIA CLOSE be worth now?

2 VIRGINIA CLOSE might now be worth an estimated £411,769.

This is based on house price inflation of 77.9%, between August 2011 and June 2025, for detached houses, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.9% inflationary increase is applied to the most recent sale price for 2 VIRGINIA CLOSE of £231,500 on 8th August 2011. For the value to have increased from £231,500 to £411,769 over the fourteen years and two months to June 2025, the following assumptions must hold true:

• The value of 2 VIRGINIA CLOSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The August 2011 sale price of £231,500 represented a fair market value for the property.
• The size, condition, and specification of 2 VIRGINIA CLOSE has not materially changed since August 2011.

How Large is 2 VIRGINIA CLOSE?

2 VIRGINIA CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterborough, and where 2 VIRGINIA CLOSE lies on this distribution: 51% of detached houses houses are smaller than 2 VIRGINIA CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

2 VIRGINIA CLOSE: Plot and Title Map

2 VIRGINIA CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 2 VIRGINIA 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 VIRGINIA 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 VIRGINIA CLOSE?

2 VIRGINIA CLOSE is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 2 on VIRGINIA CLOSE.