53, CHESTNUT WAY, MARKET DEEPING, PETERBOROUGH, PE6 8LP - £290,000

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

53 CHESTNUT WAY is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £290,000 in December 2019, which was around 5% below the average December 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

53 CHESTNUT WAY Sold Prices

Land registry data shows five sales for 53 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. The five 53 CHESTNUT WAY sales were a mix of below the average price, and roughly equal to 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
2019 20 DEC	£290,000	£303,832	5% below HPI
2015 26 JAN	£212,000	£235,277	10% below HPI
2013 19 JUL	£174,000	£222,531	22% below HPI
1998 24 APR	£82,000	£81,954	Close to HPI
1995 13 OCT	£67,000	£71,667	7% below HPI

53 CHESTNUT WAY 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 five 53 CHESTNUT WAY sales between October 1995 and December 2019 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 January 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 53 CHESTNUT WAY?

53 CHESTNUT WAY is 114m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 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 53 CHESTNUT WAY lies on this distribution: 47% of detached houses are smaller than 53 CHESTNUT WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

53 CHESTNUT WAY: Plot and Title Map

53 CHESTNUT WAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 53 CHESTNUT WAY, 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 53 CHESTNUT WAY). 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 53 CHESTNUT WAY?

53 CHESTNUT WAY is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 53 on CHESTNUT WAY.