5, THE WOODLANDS, MARKET DEEPING, PETERBOROUGH, PE6 8BB - £246,500

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 THE WOODLANDS is a very small extended detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £291,647. It was last sold for £246,500 in May 2020, which was around 20% below the average May 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

5 THE WOODLANDS Sold Prices

Land registry data shows four sales for 5 THE WOODLANDS 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. All of the four 5 THE WOODLANDS 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
2020 20 MAY	£246,500	£308,210	20% below HPI
2005 12 OCT	£189,995	£214,643	11% below HPI
2004 19 NOV	£145,000	£209,657	31% below HPI
1997 30 MAY	£64,000	£75,418	15% below HPI

5 THE WOODLANDS 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 THE WOODLANDS sales between May 1997 and May 2020 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 October 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 THE WOODLANDS be worth now?

5 THE WOODLANDS might now be worth an estimated £291,647.

This is based on house price inflation of 18.3%, between May 2020 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.3% inflationary increase is applied to the most recent sale price for 5 THE WOODLANDS of £246,500 on 20th May 2020. For the value to have increased from £246,500 to £291,647 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 5 THE WOODLANDS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2020 sale price of £246,500 represented a fair market value for the property.
• The size, condition, and specification of 5 THE WOODLANDS has not materially changed since May 2020.

How Large is 5 THE WOODLANDS?

5 THE WOODLANDS is 87m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Deeping, and where 5 THE WOODLANDS lies on this distribution: 19% of detached houses houses are smaller than 5 THE WOODLANDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

5 THE WOODLANDS: Plot and Title Map

5 THE WOODLANDS sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 5 THE WOODLANDS, 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 THE WOODLANDS). 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 THE WOODLANDS?

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