25, REDWING CLOSE, STANGROUND, PETERBOROUGH, PE2 8SS - £135,000

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

25 REDWING CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £135,000 in April 2014, which was around 40% below the average April 2014 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

25 REDWING CLOSE Sold Prices

Land registry data shows four sales for 25 REDWING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the four 25 REDWING CLOSE 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
2014 16 APR	£135,000	£224,380	40% below HPI
2010 12 FEB	£112,500	£205,239	45% below HPI
2003 3 JAN	£114,995	£164,317	30% below HPI
1997 24 OCT	£56,995	£79,235	28% below HPI

25 REDWING 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 four 25 REDWING CLOSE sales between October 1997 and April 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 February 2010 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 25 REDWING CLOSE?

25 REDWING CLOSE is 73m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 25 REDWING CLOSE lies on this distribution: 7% of detached houses are smaller than 25 REDWING CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

25 REDWING CLOSE: Plot and Title Map

25 REDWING CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 25 REDWING 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 25 REDWING 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 25 REDWING CLOSE?

25 REDWING CLOSE is located in STANGROUND, in the PE2 postcode district. The below map shows the position of No. 25 on REDWING CLOSE.