27, MARTINS WAY, ORTON WATERVILLE, PETERBOROUGH, PE2 5DY - £492,000

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.

27 MARTINS WAY is a large extended detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £504,426. It was last sold for £492,000 in June 2022, which was around 36% above the average June 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

27 MARTINS WAY Sold Prices

Land registry data shows three sales for 27 MARTINS WAY 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 27 MARTINS WAY 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
2022 30 JUN	£492,000	£361,026	36% above HPI
2002 10 DEC	£244,000	£162,268	50% above HPI
2000 9 JUN	£164,000	£97,902	68% above HPI

27 MARTINS WAY 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 27 MARTINS WAY sales between June 2000 and June 2022 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 December 2002 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2022 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 27 MARTINS WAY be worth now?

27 MARTINS WAY might now be worth an estimated £504,426.

This is based on house price inflation of 2.5%, between June 2022 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 2.5% inflationary increase is applied to the most recent sale price for 27 MARTINS WAY of £492,000 on 30th June 2022. For the value to have increased from £492,000 to £504,426 over the three years to June 2025, the following assumptions must hold true:

• The value of 27 MARTINS WAY has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The June 2022 sale price of £492,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MARTINS WAY has not materially changed since June 2022.

How Large is 27 MARTINS WAY?

27 MARTINS WAY is 137m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% 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 27 MARTINS WAY lies on this distribution: 72% of detached houses houses are smaller than 27 MARTINS WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

27 MARTINS WAY: Plot and Title Map

27 MARTINS WAY sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 27 MARTINS 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 27 MARTINS 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.

Where is 27 MARTINS WAY?

27 MARTINS WAY is located in ORTON WATERVILLE, in the PE2 postcode district. The below map shows the position of No. 27 on MARTINS WAY.