5, ELM CLOSE, MARKET DEEPING, PETERBOROUGH, PE6 8JN - £356,000

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

5 ELM CLOSE is a midsized extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £356,000 in September 2021, which was around 8% above the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

5 ELM CLOSE Sold Prices

Land registry data shows four sales for 5 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. two of the four 5 ELM CLOSE sales were for above the average price, and four 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
2021 29 SEP	£356,000	£329,642	8% above HPI
2020 6 NOV	£310,000	£312,690	1% below HPI
2006 27 JAN	£220,000	£213,195	3% above HPI
1999 8 JAN	£82,950	£88,213	6% below HPI

5 ELM CLOSE 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 four 5 ELM CLOSE sales between January 1999 and September 2021 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 November 2020 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 ELM CLOSE?

5 ELM CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 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 5 ELM CLOSE lies on this distribution: 56% of detached houses are smaller than 5 ELM CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

5 ELM CLOSE: Plot and Title Map

5 ELM CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 5 ELM CLOSE, 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 5 ELM CLOSE). 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 5 ELM CLOSE?

5 ELM CLOSE is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 5 on ELM CLOSE.