22, GROVE LANE, LONGTHORPE, PETERBOROUGH, PE3 6LZ - £340,000

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

22 GROVE LANE is a large detached house of 126m², built sometime between 1983 and 1990. It was last sold for £340,000 in September 2014, which was around 47% above the average September 2014 detached price in the City of Peterborough local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

22 GROVE LANE Sold Prices

Land registry data shows two sales for 22 GROVE LANE 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 22 GROVE LANE 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
2014 30 SEP	£340,000	£231,933	47% above HPI
1999 22 JAN	£150,000	£81,505	84% above HPI

22 GROVE LANE 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 22 GROVE LANE sales from January 1999 and September 2014 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 1999 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the September 2014 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 22 GROVE LANE?

22 GROVE LANE is 126m² according to the EPC inspection conducted in February 2023. This puts it in the largest 40% 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 GROVE LANE lies on this distribution: 62% of detached houses are smaller than 22 GROVE LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

22 GROVE LANE: Plot and Title Map

22 GROVE LANE sits on a plot of roughly 0.365 of an acre, or 1,478m². The below map shows the location of 22 GROVE LANE, 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 GROVE LANE). 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 22 GROVE LANE?

22 GROVE LANE is located in LONGTHORPE, in the PE3 postcode district. The below map shows the position of No. 22 on GROVE LANE.