38, LIMA WAY, PETERBOROUGH, PE2 8GN - £324,000

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 LIMA WAY is a very large detached house of 154m². It was last sold for £324,000 in November 2020, which was around 3% above the average November 2020 detached price in the City of Peterborough local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was B.

38 LIMA WAY Sold Prices

Land registry data shows two sales for 38 LIMA WAY 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 38 LIMA WAY 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
2020 20 NOV	£324,000	£314,521	3% above HPI
2015 30 NOV	£274,995	£254,315	8% above HPI

38 LIMA 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 two 38 LIMA WAY sales from November 2015 and November 2020 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 38 LIMA WAY?

38 LIMA WAY is 154m² according to the EPC inspection conducted in February 2015. This puts it in the largest 20% 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 LIMA WAY lies on this distribution: 81% of detached houses are smaller than 38 LIMA WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

38 LIMA WAY: Plot and Title Map

38 LIMA WAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 38 LIMA 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 LIMA 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 LIMA WAY?

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