5, PEAKES DRIVE, COATES, PETERBOROUGH, PE7 2JQ - £274,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PEAKES DRIVE is a large extended detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £313,319. It was last sold for £274,000 in February 2021, which was about the average February 2021 detached price in the Fenland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

5 PEAKES DRIVE Sold Prices

Land registry data shows four sales for 5 PEAKES DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. The four 5 PEAKES DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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 10 FEB	£274,000	£275,273	Close to HPI
2009 26 JUN	£140,000	£161,434	13% below HPI
2000 17 FEB	£93,500	£77,183	21% above HPI
1999 8 JAN	£87,000	£72,395	20% above HPI

5 PEAKES DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The four 5 PEAKES DRIVE sales between January 1999 and February 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 June 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 PEAKES DRIVE be worth now?

5 PEAKES DRIVE might now be worth an estimated £313,319.

This is based on house price inflation of 14.4%, between February 2021 and February 2025, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.4% inflationary increase is applied to the most recent sale price for 5 PEAKES DRIVE of £274,000 on 10th February 2021. For the value to have increased from £274,000 to £313,319 over the four years to February 2025, the following assumptions must hold true:

• The value of 5 PEAKES DRIVE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The February 2021 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PEAKES DRIVE has not materially changed since February 2021.

How Large is 5 PEAKES DRIVE?

5 PEAKES DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses houses in Coates, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coates, and where 5 PEAKES DRIVE lies on this distribution: 61% of detached houses houses are smaller than 5 PEAKES DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Coates.

5 PEAKES DRIVE: Plot and Title Map

5 PEAKES DRIVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 5 PEAKES DRIVE, 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 PEAKES DRIVE). 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 PEAKES DRIVE?

5 PEAKES DRIVE is located in COATES, in the PE7 postcode district. The below map shows the position of No. 5 on PEAKES DRIVE.