3, THORNHAM WAY, EASTREA, PETERBOROUGH, PE7 2AS - £220,000

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 THORNHAM WAY is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £220,000 in July 2018, which was around 11% below the average July 2018 detached price in the Fenland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

3 THORNHAM WAY Sold Prices

Land registry data shows three sales for 3 THORNHAM 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 Fenland local authority area for the corresponding sale date. All of the three 3 THORNHAM WAY 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
2018 31 JUL	£220,000	£247,785	11% below HPI
2018 6 JUN	£201,200	£248,830	19% below HPI
2012 5 NOV	£137,000	£166,009	17% below HPI

3 THORNHAM WAY 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 THORNHAM WAY sales between November 2012 and July 2018 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 June 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 THORNHAM WAY?

3 THORNHAM WAY is 78m² according to the EPC inspection conducted in February 2018. 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 THORNHAM WAY lies on this distribution: 8% of detached houses are smaller than 3 THORNHAM WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Eastrea.

3 THORNHAM WAY: Plot and Title Map

3 THORNHAM WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 THORNHAM 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 THORNHAM 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 THORNHAM WAY?

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