40, ALDERMANS DRIVE, PETERBOROUGH, PE3 6AR - £249,999

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.

40 ALDERMANS DRIVE is a very large extended detached house of 170m², built sometime between 1930 and 1949, which could now be worth an estimated £444,440. It was last sold for £249,999 in November 2008, which was around 19% above the average November 2008 detached price in the City of Peterborough local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

40 ALDERMANS DRIVE Sold Prices

Land registry data shows four sales for 40 ALDERMANS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the four 40 ALDERMANS DRIVE 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
2008 21 NOV	£249,999	£209,619	19% above HPI
2006 8 DEC	£242,000	£223,646	8% above HPI
2006 4 AUG	£249,995	£220,224	14% above HPI
1998 20 MAR	£81,500	£81,035	1% above HPI

40 ALDERMANS 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 four 40 ALDERMANS DRIVE sales between March 1998 and November 2008 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 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2008 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 40 ALDERMANS DRIVE be worth now?

40 ALDERMANS DRIVE might now be worth an estimated £444,440.

This is based on house price inflation of 77.8%, between November 2008 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 77.8% inflationary increase is applied to the most recent sale price for 40 ALDERMANS DRIVE of £249,999 on 21st November 2008. For the value to have increased from £249,999 to £444,440 over the seventeen years and nine months to February 2025, the following assumptions must hold true:

• The value of 40 ALDERMANS DRIVE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The November 2008 sale price of £249,999 represented a fair market value for the property.
• The size, condition, and specification of 40 ALDERMANS DRIVE has not materially changed since November 2008.

How Large is 40 ALDERMANS DRIVE?

40 ALDERMANS DRIVE is 170m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 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 40 ALDERMANS DRIVE lies on this distribution: 87% of detached houses houses are smaller than 40 ALDERMANS DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

40 ALDERMANS DRIVE: Plot and Title Map

40 ALDERMANS DRIVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 40 ALDERMANS 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 40 ALDERMANS 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 40 ALDERMANS DRIVE?

40 ALDERMANS DRIVE is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 40 on ALDERMANS DRIVE.