7, TOWNGATE WEST, MARKET DEEPING, PETERBOROUGH, PE6 8DG - £392,000

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 TOWNGATE WEST is a very large detached house of 147m², built sometime between 1983 and 1990. It was last sold for £392,000 in October 2021, which was around 15% above the average October 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

7 TOWNGATE WEST Sold Prices

Land registry data shows three sales for 7 TOWNGATE WEST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 7 TOWNGATE WEST 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
2021 22 OCT	£392,000	£341,775	15% above HPI
2009 12 NOV	£295,000	£212,329	39% above HPI
2001 22 JUN	£165,000	£120,875	37% above HPI

7 TOWNGATE WEST Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 7 TOWNGATE WEST sales between June 2001 and October 2021 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 November 2009 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 7 TOWNGATE WEST?

7 TOWNGATE WEST is 147m² according to the EPC inspection conducted in August 2009. This puts it in the largest 20% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 7 TOWNGATE WEST lies on this distribution: 81% of detached houses are smaller than 7 TOWNGATE WEST, and 19% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

7 TOWNGATE WEST: Plot and Title Map

7 TOWNGATE WEST sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 7 TOWNGATE WEST, 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 TOWNGATE WEST). 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 TOWNGATE WEST?

7 TOWNGATE WEST is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 7 on TOWNGATE WEST.