24, MELFORD CLOSE, PETERBOROUGH, PE3 9NG - £306,000

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 MELFORD CLOSE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £306,000 in February 2018, which was around 3% above the average February 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

24 MELFORD CLOSE Sold Prices

Land registry data shows five sales for 24 MELFORD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Most of the five 24 MELFORD CLOSE 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 16 FEB	£306,000	£296,765	3% above HPI
2007 1 JUN	£267,500	£228,857	17% above HPI
2006 26 MAY	£53,000	£214,422	75% below HPI
2003 5 FEB	£172,000	£164,297	5% above HPI
1997 15 JUN	£88,000	£76,414	15% above HPI

24 MELFORD CLOSE 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 five 24 MELFORD CLOSE sales between June 1997 and February 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 June 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 24 MELFORD CLOSE?

24 MELFORD CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 24 MELFORD CLOSE lies on this distribution: 50% of detached houses are smaller than 24 MELFORD CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

24 MELFORD CLOSE: Plot and Title Map

24 MELFORD CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 24 MELFORD CLOSE, 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 MELFORD CLOSE). 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 MELFORD CLOSE?

24 MELFORD CLOSE is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 24 on MELFORD CLOSE.