Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 OBAN DRIVE is a very small detached house of 80m². It was last sold for £255,000 in August 2021, which was around 23% below the average August 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 4 OBAN DRIVE since 1st 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 4 OBAN DRIVE 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 31 AUG | £255,000 | £330,058 | 23% below HPI |
2014 19 DEC | £189,950 | £232,534 | 18% below HPI |
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 4 OBAN DRIVE sales from December 2014 and August 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 December 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
4 OBAN DRIVE is 80m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 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 4 OBAN DRIVE lies on this distribution: 13% of detached houses are smaller than 4 OBAN DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
4 OBAN DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 4 OBAN DRIVE, 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 4 OBAN DRIVE). 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.
4 OBAN DRIVE is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 4 on OBAN DRIVE.