3, SCHOOL ROAD, NEWBOROUGH, PETERBOROUGH, PE6 7RG - £170,000

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

3 SCHOOL ROAD is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £170,000 in October 2013, which was around 21% below the average October 2013 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

3 SCHOOL ROAD Sold Prices

Land registry data shows three sales for 3 SCHOOL ROAD 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 SCHOOL ROAD 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
2013 30 OCT	£170,000	£214,311	21% below HPI
2004 27 AUG	£157,000	£196,590	20% below HPI
2003 1 SEP	£127,000	£181,412	30% below HPI

3 SCHOOL ROAD 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 SCHOOL ROAD sales between September 2003 and October 2013 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 August 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 SCHOOL ROAD?

3 SCHOOL ROAD is 76m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Newborough, based on EPC data. The below chart shows the distribution of detached houses by size in Newborough, and where 3 SCHOOL ROAD lies on this distribution: 18% of detached houses are smaller than 3 SCHOOL ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Newborough.

3 SCHOOL ROAD: Plot and Title Map

3 SCHOOL ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 3 SCHOOL ROAD, 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 SCHOOL ROAD). 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 SCHOOL ROAD?

3 SCHOOL ROAD is located in NEWBOROUGH, in the PE6 postcode district. The below map shows the position of No. 3 on SCHOOL ROAD.