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
24 BAILEY WAY is a small detached house of 104m², built sometime between 2003 and 2006. It was last sold for £268,000 in August 2018, which was around 12% below the average August 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 24 BAILEY WAY since 1st 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. One of the two 24 BAILEY WAY sales was for below the average price, whilst the other 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 |
---|---|---|---|
2018 31 AUG | £268,000 | £303,552 | 12% below HPI |
2005 13 MAY | £212,000 | £205,131 | 3% 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 two 24 BAILEY WAY sales from May 2005 and August 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 May 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
24 BAILEY WAY is 104m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 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 24 BAILEY WAY lies on this distribution: 39% of detached houses are smaller than 24 BAILEY WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
24 BAILEY WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 24 BAILEY 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 24 BAILEY 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.
24 BAILEY WAY is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 24 on BAILEY WAY.