3, SCOTT CLOSE, PETERBOROUGH, PE2 8NB - £273,000

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.

3 SCOTT CLOSE is a small detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £318,031. It was last sold for £273,000 in May 2021, which was around 15% below the average May 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

3 SCOTT CLOSE Sold Prices

Land registry data shows two sales for 3 SCOTT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 3 SCOTT 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
2021 14 MAY	£273,000	£319,889	15% below HPI
2009 2 APR	£75,000	£189,808	60% below HPI

3 SCOTT 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 two 3 SCOTT CLOSE sales from April 2009 and May 2021 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 April 2009 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the May 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 SCOTT CLOSE be worth now?

3 SCOTT CLOSE might now be worth an estimated £318,031.

This is based on house price inflation of 16.5%, between May 2021 and February 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 16.5% inflationary increase is applied to the most recent sale price for 3 SCOTT CLOSE of £273,000 on 14th May 2021. For the value to have increased from £273,000 to £318,031 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 3 SCOTT CLOSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The May 2021 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SCOTT CLOSE has not materially changed since May 2021.

How Large is 3 SCOTT CLOSE?

3 SCOTT CLOSE is 102m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 40% 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 3 SCOTT CLOSE lies on this distribution: 38% of detached houses houses are smaller than 3 SCOTT CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

3 SCOTT CLOSE: Plot and Title Map

3 SCOTT CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 3 SCOTT 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 3 SCOTT 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 3 SCOTT CLOSE?

3 SCOTT CLOSE is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 3 on SCOTT CLOSE.