3, FABER LANE, ELTON, PETERBOROUGH, PE8 6RN - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 FABER LANE is a small detached house of 115m², built sometime between 1983 and 1990. It was last sold for £500,000 in June 2023, which was around 6% above the average June 2023 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was D.

3 FABER LANE Sold Prices

Land registry data shows three sales for 3 FABER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. One of the three 3 FABER LANE sales was for above the average price, whilst two 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
2023 30 JUN	£500,000	£469,600	6% above HPI
2022 20 JAN	£430,000	£445,367	3% below HPI
2002 22 FEB	£140,000	£161,923	14% below HPI

3 FABER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The three 3 FABER LANE sales between February 2002 and June 2023 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 January 2022 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2023 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 3 FABER LANE?

3 FABER LANE is 115m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses in Elton, based on EPC data. The below chart shows the distribution of detached houses by size in Elton, and where 3 FABER LANE lies on this distribution: 31% of detached houses are smaller than 3 FABER LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Elton.

3 FABER LANE: Plot and Title Map

3 FABER LANE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 3 FABER LANE, 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 3 FABER LANE). 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 3 FABER LANE?

3 FABER LANE is located in ELTON, in the PE8 postcode district. The below map shows the position of No. 3 on FABER LANE.