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
221 PARK ROAD is a very large extended detached house of 161m², built sometime between 1930 and 1949. It was last sold for £395,000 in October 2016, which was around 47% above the average October 2016 detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 221 PARK ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the three 221 PARK ROAD 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 |
---|---|---|---|
2016 25 OCT | £395,000 | £269,567 | 47% above HPI |
2007 2 JUL | £320,000 | £231,449 | 38% above HPI |
1998 23 DEC | £155,000 | £81,791 | 90% 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 three 221 PARK ROAD sales between December 1998 and October 2016 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 July 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2016 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.
221 PARK ROAD is 161m², which includes two extensions, according to the EPC inspection conducted in June 2022. 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 221 PARK ROAD lies on this distribution: 84% of detached houses are smaller than 221 PARK ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
221 PARK ROAD sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of 221 PARK ROAD, 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 221 PARK ROAD). 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.
221 PARK ROAD is located in PETERBOROUGH, in the PE1 postcode district. The below map shows the position of No. 221 on PARK ROAD.