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
71 MEDESWELL is a midsized detached house of 108m², built sometime between 1976 and 1982. It was last sold for £290,000 in October 2022, which was around 23% below the average October 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 71 MEDESWELL since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the five 71 MEDESWELL 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 |
---|---|---|---|
2022 7 OCT | £290,000 | £378,047 | 23% below HPI |
2017 8 MAR | £238,000 | £274,989 | 13% below HPI |
2004 8 OCT | £150,000 | £204,200 | 27% below HPI |
2001 30 NOV | £89,995 | £124,923 | 28% below HPI |
1998 18 SEP | £59,900 | £82,813 | 28% below HPI |
The below graph shows the average detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The five 71 MEDESWELL sales between September 1998 and October 2022 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 March 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
71 MEDESWELL is 108m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 71 MEDESWELL lies on this distribution: 43% of detached houses are smaller than 71 MEDESWELL, and 56% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
71 MEDESWELL sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 71 MEDESWELL, 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 71 MEDESWELL). 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.
71 MEDESWELL is located in ORTON MALBORNE, in the PE2 postcode district. The below map shows the position of No. 71 on MEDESWELL.