7, ICARUS WAY, STANGROUND SOUTH, PETERBOROUGH, PE2 8WQ - £270,000

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.

7 ICARUS WAY is a small detached house of 93m², which could now be worth an estimated £272,781. It was last sold for £270,000 in December 2023, which was around 27% below the average December 2023 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

7 ICARUS WAY Sold Prices

Land registry data shows two sales for 7 ICARUS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 7 ICARUS 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
2023 11 DEC	£270,000	£368,855	27% below HPI
2019 25 OCT	£242,995	£315,920	23% below HPI

7 ICARUS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The two 7 ICARUS WAY sales from October 2019 and December 2023 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 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 7 ICARUS WAY be worth now?

7 ICARUS WAY might now be worth an estimated £272,781.

This is based on house price inflation of 1%, between December 2023 and February 2025, for detached houses, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% inflationary increase is applied to the most recent sale price for 7 ICARUS WAY of £270,000 on 11th December 2023. For the value to have increased from £270,000 to £272,781 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 ICARUS WAY has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The December 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ICARUS WAY has not materially changed since December 2023.

How Large is 7 ICARUS WAY?

7 ICARUS WAY is 93m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterborough, and where 7 ICARUS WAY lies on this distribution: 28% of detached houses houses are smaller than 7 ICARUS WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

7 ICARUS WAY: Plot and Title Map

7 ICARUS WAY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 7 ICARUS 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 ICARUS 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 7 ICARUS WAY?

7 ICARUS WAY is located in STANGROUND SOUTH, in the PE2 postcode district. The below map shows the position of No. 7 on ICARUS WAY.