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 GLOUCESTER ROAD is a very small detached house of 63m², built sometime between 1930 and 1949. It was last sold for £303,000 in August 2022, which was around 18% below the average August 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 44 GLOUCESTER ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the five 44 GLOUCESTER ROAD 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 |
---|---|---|---|
2022 30 AUG | £303,000 | £370,805 | 18% below HPI |
2021 12 FEB | £250,000 | £317,726 | 21% below HPI |
2018 13 APR | £161,000 | £296,019 | 46% below HPI |
1999 16 APR | £54,995 | £83,659 | 34% below HPI |
1998 30 OCT | £42,500 | £83,035 | 49% below HPI |
The below graph shows the average detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The five 44 GLOUCESTER ROAD sales between October 1998 and August 2022 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 February 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
44 GLOUCESTER ROAD is 63m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 44 GLOUCESTER ROAD lies on this distribution: 4% of detached houses are smaller than 44 GLOUCESTER ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
44 GLOUCESTER ROAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 44 GLOUCESTER 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 44 GLOUCESTER 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.
44 GLOUCESTER ROAD is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 44 on GLOUCESTER ROAD.