23, THE ORCHARDS, ORTON WATERVILLE, PETERBOROUGH, PE2 5LA - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 THE ORCHARDS is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £425,957. It was last sold for £345,000 in June 2018, which was around 15% above the average June 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

23 THE ORCHARDS Sold Prices

Land registry data shows three sales for 23 THE ORCHARDS since 1^st 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 23 THE ORCHARDS 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
2018 14 JUN	£345,000	£299,795	15% above HPI
2002 4 JUL	£149,000	£145,476	2% above HPI
2000 30 JUN	£100,000	£97,902	2% above HPI

23 THE ORCHARDS 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 three 23 THE ORCHARDS sales between June 2000 and June 2018 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 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 23 THE ORCHARDS be worth now?

23 THE ORCHARDS might now be worth an estimated £425,957.

This is based on house price inflation of 23.5%, between June 2018 and June 2025, for detached houses, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for 23 THE ORCHARDS of £345,000 on 14th June 2018. For the value to have increased from £345,000 to £425,957 over the seven years to June 2025, the following assumptions must hold true:

• The value of 23 THE ORCHARDS has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The June 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE ORCHARDS has not materially changed since June 2018.

How Large is 23 THE ORCHARDS?

23 THE ORCHARDS is 113m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 50% of detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterborough, and where 23 THE ORCHARDS lies on this distribution: 49% of detached houses houses are smaller than 23 THE ORCHARDS, and 51% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

23 THE ORCHARDS: Plot and Title Map

23 THE ORCHARDS sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 23 THE ORCHARDS, 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 23 THE ORCHARDS). 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 23 THE ORCHARDS?

23 THE ORCHARDS is located in ORTON WATERVILLE, in the PE2 postcode district. The below map shows the position of No. 23 on THE ORCHARDS.