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 SCHOOL CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £181,000 in October 2018, which was around 41% below the average October 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 SCHOOL CLOSE since 1st 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 4 SCHOOL CLOSE 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 |
---|---|---|---|
2018 19 OCT | £181,000 | £307,853 | 41% below HPI |
2000 7 AUG | £78,000 | £105,204 | 26% below HPI |
1997 11 JUN | £52,000 | £76,414 | 32% 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 three 4 SCHOOL CLOSE sales between June 1997 and October 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 August 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
4 SCHOOL CLOSE is 55m² according to the EPC inspection conducted in March 2018. 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 4 SCHOOL CLOSE lies on this distribution: 2% of detached houses are smaller than 4 SCHOOL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
4 SCHOOL CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 4 SCHOOL 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 4 SCHOOL 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.
4 SCHOOL CLOSE is located in BRETTON, in the PE3 postcode district. The below map shows the position of No. 4 on SCHOOL CLOSE.