41, CHESTNUT WAY, MARKET DEEPING, PETERBOROUGH, PE6 8LP - £262,000

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

41 CHESTNUT WAY is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £262,000 in July 2020, which was around 14% below the average July 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

41 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 41 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 41 CHESTNUT WAY 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
2020 24 JUL	£262,000	£304,538	14% below HPI
2017 12 MAY	£246,000	£276,172	11% below HPI
2011 8 APR	£160,000	£214,963	26% below HPI

41 CHESTNUT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 41 CHESTNUT WAY sales between April 2011 and July 2020 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 May 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 41 CHESTNUT WAY?

41 CHESTNUT WAY is 113m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 41 CHESTNUT WAY lies on this distribution: 44% of detached houses are smaller than 41 CHESTNUT WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

41 CHESTNUT WAY: Plot and Title Map

41 CHESTNUT WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 41 CHESTNUT WAY, 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 41 CHESTNUT WAY). 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 41 CHESTNUT WAY?

41 CHESTNUT WAY is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 41 on CHESTNUT WAY.