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

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

7 ICARUS WAY is a small detached house of 93m². 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	£370,312	27% below HPI
2019 25 OCT	£242,995	£315,913	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.

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 in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 7 ICARUS WAY lies on this distribution: 28% of detached houses are smaller than 7 ICARUS WAY, and 70% 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.