7, REEDLAND WAY, HAMPTON VALE, PETERBOROUGH, PE7 8EZ - £240,000

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 REEDLAND WAY is a very large detached house of 170m², built sometime between 1996 and 2002. It was last sold for £240,000 in June 2006, which was around 12% above the average June 2006 detached price in the City of Peterborough local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

7 REEDLAND WAY Sold Prices

Land registry data shows two sales for 7 REEDLAND 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 REEDLAND WAY sales were 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
2006 8 JUN	£240,000	£214,373	12% above HPI
2002 13 SEP	£209,995	£152,330	38% above HPI

7 REEDLAND 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 REEDLAND WAY sales from September 2002 and June 2006 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 September 2002 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2006 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 7 REEDLAND WAY?

7 REEDLAND WAY is 170m² according to the EPC inspection conducted in September 2022. 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 REEDLAND WAY lies on this distribution: 87% of detached houses are smaller than 7 REEDLAND WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

7 REEDLAND WAY: Plot and Title Map

7 REEDLAND WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 7 REEDLAND 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 REEDLAND 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 REEDLAND WAY?

7 REEDLAND WAY is located in HAMPTON VALE, in the PE7 postcode district. The below map shows the position of No. 7 on REEDLAND WAY.