38, CUBITT WAY, PETERBOROUGH, PE2 9NG - £141,000

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

38 CUBITT WAY is a very small detached house of 75m², built sometime from 2007 onwards. It was last sold for £141,000 in December 2021, which was around 58% below the average December 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

38 CUBITT WAY Sold Prices

Land registry data shows three sales for 38 CUBITT 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 City of Peterborough local authority area for the corresponding sale date. All of the three 38 CUBITT 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
2021 3 DEC	£141,000	£336,757	58% below HPI
2017 30 NOV	£133,000	£287,903	54% below HPI
2006 20 OCT	£154,000	£220,188	30% below HPI

38 CUBITT WAY 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 38 CUBITT WAY sales between October 2006 and December 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 November 2017 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2021 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 38 CUBITT WAY?

38 CUBITT WAY is 75m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 38 CUBITT WAY lies on this distribution: 9% of detached houses are smaller than 38 CUBITT WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

38 CUBITT WAY: Plot and Title Map

38 CUBITT WAY sits on a plot of roughly 3.2 acres, or 12,859m². The below map shows the location of 38 CUBITT 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 38 CUBITT 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 38 CUBITT WAY?

38 CUBITT WAY is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 38 on CUBITT WAY.