58, GROUNDS WAY, COATES, PETERBOROUGH, PE7 2BU - £165,000

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

58 GROUNDS WAY is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £165,000 in June 2016, which was around 25% below the average June 2016 detached price in the Fenland local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

58 GROUNDS WAY Sold Prices

Land registry data shows five sales for 58 GROUNDS 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 Fenland local authority area for the corresponding sale date. All of the five 58 GROUNDS WAY 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
2016 24 JUN	£165,000	£218,812	25% below HPI
2010 26 NOV	£140,000	£169,271	17% below HPI
2007 17 AUG	£167,995	£193,950	13% below HPI
2003 3 APR	£112,000	£140,923	21% below HPI
2000 28 JAN	£60,000	£75,692	21% below HPI

58 GROUNDS WAY 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 five 58 GROUNDS WAY sales between January 2000 and June 2016 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 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 58 GROUNDS WAY?

58 GROUNDS WAY is 74m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of detached houses in Coates, based on EPC data. The below chart shows the distribution of detached houses by size in Coates, and where 58 GROUNDS WAY lies on this distribution: 10% of detached houses are smaller than 58 GROUNDS WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Coates.

58 GROUNDS WAY: Plot and Title Map

58 GROUNDS WAY sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 58 GROUNDS 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 58 GROUNDS 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 58 GROUNDS WAY?

58 GROUNDS WAY is located in COATES, in the PE7 postcode district. The below map shows the position of No. 58 on GROUNDS WAY.