44, CHESTNUT WAY, MARKET DEEPING, PETERBOROUGH, PE6 8LP - £195,000

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

44 CHESTNUT WAY is a very large detached house of 181m², built sometime between 1967 and 1975. It was last sold for £195,000 in December 2013, which was around 16% below the average December 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

44 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 44 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. Two of the three 44 CHESTNUT WAY sales were for below the average price, whilst one was 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
2013 20 DEC	£195,000	£231,650	16% below HPI
2005 29 JUL	£235,000	£209,996	12% above HPI
1997 28 NOV	£81,500	£82,892	2% below HPI

44 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 44 CHESTNUT WAY sales between November 1997 and December 2013 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 July 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2013 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 44 CHESTNUT WAY?

44 CHESTNUT WAY is 181m² according to the EPC inspection conducted in April 2014. This puts it in the largest 10% 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 44 CHESTNUT WAY lies on this distribution: 92% of detached houses are smaller than 44 CHESTNUT WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

44 CHESTNUT WAY: Plot and Title Map

44 CHESTNUT WAY sits on a plot of roughly 0.114 of an acre, or 459m². The below map shows the location of 44 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 44 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 44 CHESTNUT WAY?

44 CHESTNUT WAY is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 44 on CHESTNUT WAY.