Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 GAVEL STREET is a midsized detached house of 111m², built sometime between 2003 and 2006. It was last sold for £348,000 in May 2022, which was around 2% below the average May 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 5 GAVEL STREET since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the four 5 GAVEL STREET 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 12 MAY | £348,000 | £354,244 | 2% below HPI |
2018 27 APR | £257,500 | £296,019 | 13% below HPI |
2014 29 AUG | £220,000 | £230,032 | 4% below HPI |
2004 4 MAR | £184,500 | £191,486 | 4% 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 four 5 GAVEL STREET sales between March 2004 and May 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 April 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
5 GAVEL STREET is 111m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 5 GAVEL STREET lies on this distribution: 46% of detached houses are smaller than 5 GAVEL STREET, and 53% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
5 GAVEL STREET sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 5 GAVEL STREET, 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 GAVEL STREET). 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.
5 GAVEL STREET is located in HAMPTON VALE, in the PE7 postcode district. The below map shows the position of No. 5 on GAVEL STREET.