3, SPRINGFIELDS, EASTREA, PETERBOROUGH, PE7 2AT - £161,000

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 SPRINGFIELDS is a very small extended detached house of 79m², built sometime before 1900. It was last sold for £161,000 in November 2012, which was around 3% below the average November 2012 detached price in the Fenland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

3 SPRINGFIELDS Sold Prices

Land registry data shows three sales for 3 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 3 SPRINGFIELDS 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
2012 30 NOV	£161,000	£166,009	3% below HPI
2004 29 JUL	£149,000	£165,109	10% below HPI
1999 17 DEC	£69,000	£76,018	9% below HPI

3 SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 3 SPRINGFIELDS sales between December 1999 and November 2012 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 July 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2012 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 SPRINGFIELDS?

3 SPRINGFIELDS is 79m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in Eastrea, based on EPC data. The below chart shows the distribution of detached houses by size in Eastrea, and where 3 SPRINGFIELDS lies on this distribution: 9% of detached houses are smaller than 3 SPRINGFIELDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Eastrea.

3 SPRINGFIELDS: Plot and Title Map

3 SPRINGFIELDS sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 3 SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

3 SPRINGFIELDS is located in EASTREA, in the PE7 postcode district. The below map shows the position of No. 3 on SPRINGFIELDS.