40, RED BARN, TURVES, PETERBOROUGH, PE7 2DZ - £280,000

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

40 RED BARN is a very small extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £280,000 in June 2024, which was around 7% below the average June 2024 detached price in the Fenland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

40 RED BARN Sold Prices

Land registry data shows two sales for 40 RED BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 40 RED BARN 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
2024 26 JUN	£280,000	£300,843	7% below HPI
2007 17 APR	£191,000	£193,262	1% below HPI

40 RED BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 40 RED BARN sales from April 2007 and June 2024 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 April 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2024 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 40 RED BARN?

40 RED BARN is 103m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses in Turves, based on EPC data. The below chart shows the distribution of detached houses by size in Turves, and where 40 RED BARN lies on this distribution: 11% of detached houses are smaller than 40 RED BARN, and 89% of houses are larger. Note that EPC data is not available for all properties in Turves.

40 RED BARN: Plot and Title Map

40 RED BARN sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 40 RED BARN, 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 RED BARN). 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 RED BARN?

40 RED BARN is located in TURVES, in the PE7 postcode district. The below map shows the position of No. 40 on RED BARN.