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
228 EYE ROAD is a midsized extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £187,000 in November 2014, which was around 20% below the average November 2014 detached price in the City of Peterborough local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 228 EYE 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. Two of the three 228 EYE ROAD 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 |
---|---|---|---|
2014 14 NOV | £187,000 | £233,920 | 20% below HPI |
2007 18 JUL | £193,000 | £231,449 | 17% below HPI |
1997 26 NOV | £85,000 | £78,121 | 9% 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 228 EYE ROAD sales between November 1997 and November 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 July 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
228 EYE ROAD is 114m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 228 EYE ROAD lies on this distribution: 50% of detached houses are smaller than 228 EYE ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
228 EYE ROAD sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of 228 EYE 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 228 EYE 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.
228 EYE ROAD is located in PETERBOROUGH, in the PE1 postcode district. The below map shows the position of No. 228 on EYE ROAD.