3, UNDERWOOD CLOSE, EASTREA, PETERBOROUGH, PE7 2EJ - £255,000

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 UNDERWOOD CLOSE is a midsized detached house of 119m², built sometime between 1983 and 1990. It was last sold for £255,000 in April 2018, which was around 2% above the average April 2018 detached price in the Fenland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

3 UNDERWOOD CLOSE Sold Prices

Land registry data shows four sales for 3 UNDERWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Most of the four 3 UNDERWOOD CLOSE 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
2018 26 APR	£255,000	£249,322	2% above HPI
2015 4 DEC	£205,000	£211,563	3% below HPI
2008 11 JAN	£202,000	£193,374	4% above HPI
1996 9 FEB	£57,000	£54,385	5% above HPI

3 UNDERWOOD CLOSE 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 four 3 UNDERWOOD CLOSE sales between February 1996 and April 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 December 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 UNDERWOOD CLOSE?

3 UNDERWOOD CLOSE is 119m² according to the EPC inspection conducted in October 2015. This puts it in the largest 50% 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 UNDERWOOD CLOSE lies on this distribution: 54% of detached houses are smaller than 3 UNDERWOOD CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Eastrea.

3 UNDERWOOD CLOSE: Plot and Title Map

3 UNDERWOOD CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 3 UNDERWOOD 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 UNDERWOOD 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 UNDERWOOD CLOSE?

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