22, THORNHAM WAY, EASTREA, PETERBOROUGH, PE7 2AS - £247,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 THORNHAM WAY is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £271,127. It was last sold for £247,000 in August 2021, which was around 12% below the average August 2021 detached price in the Fenland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

22 THORNHAM WAY Sold Prices

Land registry data shows three sales for 22 THORNHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Two of the three 22 THORNHAM WAY sales were for below the average price, whilst one was 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
2021 20 AUG	£247,000	£281,814	12% below HPI
2014 14 MAR	£177,000	£181,900	3% below HPI
1999 23 SEP	£91,995	£76,174	21% above HPI

22 THORNHAM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 22 THORNHAM WAY sales between September 1999 and August 2021 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 March 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 22 THORNHAM WAY be worth now?

22 THORNHAM WAY might now be worth an estimated £271,127.

This is based on house price inflation of 9.8%, between August 2021 and December 2024, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.8% inflationary increase is applied to the most recent sale price for 22 THORNHAM WAY of £247,000 on 20th August 2021. For the value to have increased from £247,000 to £271,127 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 22 THORNHAM WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2021 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THORNHAM WAY has not materially changed since August 2021.

How Large is 22 THORNHAM WAY?

22 THORNHAM WAY is 97m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses houses in Eastrea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastrea, and where 22 THORNHAM WAY lies on this distribution: 30% of detached houses houses are smaller than 22 THORNHAM WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Eastrea.

22 THORNHAM WAY: Plot and Title Map

22 THORNHAM WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 22 THORNHAM 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 THORNHAM 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.

Where is 22 THORNHAM WAY?

22 THORNHAM WAY is located in EASTREA, in the PE7 postcode district. The below map shows the position of No. 22 on THORNHAM WAY.