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
7 BAILEY WAY is a very large detached house of 160m², built sometime between 2003 and 2006. It was last sold for £403,000 in December 2020, which was around 28% above the average December 2020 detached price in the City of Peterborough local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 BAILEY WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Two of the three 7 BAILEY WAY sales were for above the average price, whilst one was 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 21 DEC | £403,000 | £315,756 | 28% above HPI |
2014 26 NOV | £273,000 | £233,920 | 17% above HPI |
2005 29 APR | £116,450 | £203,171 | 43% 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 three 7 BAILEY WAY sales between April 2005 and December 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 November 2014 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.
7 BAILEY WAY is 160m² according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 7 BAILEY WAY lies on this distribution: 83% of detached houses are smaller than 7 BAILEY WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
7 BAILEY WAY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 7 BAILEY 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 7 BAILEY 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.
7 BAILEY WAY is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 7 on BAILEY WAY.