3, MARTINS WAY, ORTON WATERVILLE, PETERBOROUGH, PE2 5DY - £285,000

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 MARTINS WAY is a large extended detached house of 134m², built sometime between 1983 and 1990. It was last sold for £285,000 in December 2015, which was around 12% above the average December 2015 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

3 MARTINS WAY Sold Prices

Land registry data shows three sales for 3 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 3 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
2015 11 DEC	£285,000	£255,177	12% above HPI
2002 10 MAY	£175,000	£138,273	27% above HPI
1997 3 JAN	£94,000	£76,438	23% above HPI

3 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 3 MARTINS WAY sales between January 1997 and December 2015 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 May 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2015 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 3 MARTINS WAY?

3 MARTINS WAY is 134m², which includes three extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 3 MARTINS WAY lies on this distribution: 70% of detached houses are smaller than 3 MARTINS WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

3 MARTINS WAY: Plot and Title Map

3 MARTINS WAY sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 3 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 3 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 3 MARTINS WAY?

3 MARTINS WAY is located in ORTON WATERVILLE, in the PE2 postcode district. The below map shows the position of No. 3 on MARTINS WAY.