4, OBAN DRIVE, PETERBOROUGH, PE2 6TA - £255,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 OBAN DRIVE is a very small detached house of 80m², which could now be worth an estimated £287,904. 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.

4 OBAN DRIVE Sold Prices

Land registry data shows two sales for 4 OBAN DRIVE 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 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	£330,064	23% below HPI
2014 19 DEC	£189,950	£232,539	18% below HPI

4 OBAN DRIVE 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 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.

What might 4 OBAN DRIVE be worth now?

4 OBAN DRIVE might now be worth an estimated £287,904.

This is based on house price inflation of 12.9%, between August 2021 and February 2025, for detached houses, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.9% inflationary increase is applied to the most recent sale price for 4 OBAN DRIVE of £255,000 on 31st August 2021. For the value to have increased from £255,000 to £287,904 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 4 OBAN DRIVE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The August 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OBAN DRIVE has not materially changed since August 2021.

How Large is 4 OBAN DRIVE?

4 OBAN DRIVE is 80m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterborough, and where 4 OBAN DRIVE lies on this distribution: 13% of detached houses 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: Plot and Title Map

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.

Where is 4 OBAN DRIVE?

4 OBAN DRIVE is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 4 on OBAN DRIVE.