7, REED CLOSE, HAMPTON HARGATE, PETERBOROUGH, PE7 8DE - £225,500

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 REED CLOSE is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £225,500 in January 2015, which was around 4% below the average January 2015 detached price in the City of Peterborough local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

7 REED CLOSE Sold Prices

Land registry data shows two sales for 7 REED CLOSE 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. One of the two 7 REED CLOSE sales was for below the average price, whilst the other was for above 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
2015 26 JAN	£225,500	£234,224	4% below HPI
2002 20 JUN	£169,950	£140,925	21% above HPI

7 REED CLOSE 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 REED CLOSE sales from June 2002 and January 2015 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 June 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 REED CLOSE?

7 REED CLOSE is 134m² according to the EPC inspection conducted in February 2016. This puts it in the largest 40% 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 REED CLOSE lies on this distribution: 70% of detached houses are smaller than 7 REED CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

7 REED CLOSE: Plot and Title Map

7 REED CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 7 REED CLOSE, 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 REED CLOSE). 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 REED CLOSE?

7 REED CLOSE is located in HAMPTON HARGATE, in the PE7 postcode district. The below map shows the position of No. 7 on REED CLOSE.