40, THORPE LEA ROAD, PETERBOROUGH, PE3 6BZ - £325,000

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.

40 THORPE LEA ROAD is a large detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £399,228. It was last sold for £325,000 in July 2019, which was around 7% above the average July 2019 detached price in the City of Peterborough local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

40 THORPE LEA ROAD Sold Prices

Land registry data shows three sales for 40 THORPE LEA ROAD since 1^st 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. One of the three 40 THORPE LEA ROAD sales was for above the average price, whilst two 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
2019 30 JUL	£325,000	£303,367	7% above HPI
2014 27 JUN	£185,000	£227,076	19% below HPI
2007 15 JUN	£196,000	£228,861	14% below HPI

40 THORPE LEA ROAD 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 three 40 THORPE LEA ROAD sales between June 2007 and July 2019 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 June 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 40 THORPE LEA ROAD be worth now?

40 THORPE LEA ROAD might now be worth an estimated £399,228.

This is based on house price inflation of 22.8%, between July 2019 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 22.8% inflationary increase is applied to the most recent sale price for 40 THORPE LEA ROAD of £325,000 on 30th July 2019. For the value to have increased from £325,000 to £399,228 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 40 THORPE LEA ROAD has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The July 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 40 THORPE LEA ROAD has not materially changed since July 2019.

How Large is 40 THORPE LEA ROAD?

40 THORPE LEA ROAD is 125m² according to the EPC inspection conducted in December 2014. This puts it in the largest 40% 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 THORPE LEA ROAD lies on this distribution: 61% of detached houses houses are smaller than 40 THORPE LEA ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

40 THORPE LEA ROAD: Plot and Title Map

40 THORPE LEA ROAD sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 40 THORPE LEA ROAD, 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 THORPE LEA ROAD). 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 THORPE LEA ROAD?

40 THORPE LEA ROAD is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 40 on THORPE LEA ROAD.