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
22 BAILEY WAY is a very large extended detached house of 156m², built sometime between 2003 and 2006. It was last sold for £425,000 in April 2024, which was around 15% above the average April 2024 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 22 BAILEY WAY since 1st 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. All of the four 22 BAILEY 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 |
---|---|---|---|
2024 25 APR | £425,000 | £370,873 | 15% above HPI |
2021 16 DEC | £390,000 | £336,757 | 16% above HPI |
2015 1 MAY | £310,000 | £233,748 | 33% above HPI |
2005 10 JUN | £249,999 | £204,723 | 22% above HPI |
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 22 BAILEY WAY sales between June 2005 and April 2024 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 December 2021 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
22 BAILEY WAY is 156m², which includes one extension, according to the EPC inspection conducted in August 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 22 BAILEY WAY lies on this distribution: 82% of detached houses are smaller than 22 BAILEY WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
22 BAILEY WAY sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 22 BAILEY 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 22 BAILEY 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.
22 BAILEY WAY is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 22 on BAILEY WAY.