7, PLOUGH LANE, NEWBOROUGH, PETERBOROUGH, PE6 7SR - £275,000

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

7 PLOUGH LANE is a large extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £275,000 in July 2018, which was around 9% below the average July 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

7 PLOUGH LANE Sold Prices

Land registry data shows four sales for 7 PLOUGH LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Most of the four 7 PLOUGH LANE 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
2018 12 JUL	£275,000	£301,037	9% below HPI
2006 5 MAY	£208,000	£214,422	3% below HPI
2004 26 MAR	£187,000	£191,486	2% below HPI
1999 23 JUL	£100,000	£87,264	15% above HPI

7 PLOUGH LANE 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 four 7 PLOUGH LANE sales between July 1999 and July 2018 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 May 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 PLOUGH LANE?

7 PLOUGH LANE is 112m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Newborough, based on EPC data. The below chart shows the distribution of detached houses by size in Newborough, and where 7 PLOUGH LANE lies on this distribution: 62% of detached houses are smaller than 7 PLOUGH LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Newborough.

7 PLOUGH LANE: Plot and Title Map

7 PLOUGH LANE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 7 PLOUGH LANE, 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 PLOUGH LANE). 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 PLOUGH LANE?

7 PLOUGH LANE is located in NEWBOROUGH, in the PE6 postcode district. The below map shows the position of No. 7 on PLOUGH LANE.