24, CHESTNUT DRIVE, THORNEY, PETERBOROUGH, PE6 0QR - £262,000

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 CHESTNUT DRIVE is a small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £262,000 in August 2019, which was around 15% below the average August 2019 detached price in the City of Peterborough local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

24 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 24 CHESTNUT DRIVE since 1^st 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. Both of the two 24 CHESTNUT DRIVE sales were for below 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
2019 16 AUG	£262,000	£308,073	15% below HPI
2017 28 NOV	£155,000	£287,903	46% below HPI

24 CHESTNUT DRIVE 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 two 24 CHESTNUT DRIVE sales from November 2017 and August 2019 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 November 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 24 CHESTNUT DRIVE?

24 CHESTNUT DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Thorney, based on EPC data. The below chart shows the distribution of detached houses by size in Thorney, and where 24 CHESTNUT DRIVE lies on this distribution: 31% of detached houses are smaller than 24 CHESTNUT DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Thorney.

24 CHESTNUT DRIVE: Plot and Title Map

24 CHESTNUT DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 24 CHESTNUT DRIVE, 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 CHESTNUT DRIVE). 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 24 CHESTNUT DRIVE?

24 CHESTNUT DRIVE is located in THORNEY, in the PE6 postcode district. The below map shows the position of No. 24 on CHESTNUT DRIVE.