71, RED BARN, TURVES, PETERBOROUGH, PE7 2DZ - £500,000

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

71 RED BARN is a very large extended detached house of 224m², built sometime between 1996 and 2002. It was last sold for £500,000 in December 2022, which was around 55% above the average December 2022 detached price in the Fenland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

71 RED BARN Sold Prices

Land registry data shows two sales for 71 RED BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 71 RED BARN 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
2022 16 DEC	£500,000	£322,396	55% above HPI
1998 12 FEB	£103,000	£63,881	61% above HPI

71 RED BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 71 RED BARN sales from February 1998 and December 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 February 1998 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the December 2022 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 71 RED BARN?

71 RED BARN is 224m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in Turves, based on EPC data. The below chart shows the distribution of detached houses by size in Turves, and where 71 RED BARN lies on this distribution: 87% of detached houses are smaller than 71 RED BARN, and 13% of houses are larger. Note that EPC data is not available for all properties in Turves.

71 RED BARN: Plot and Title Map

71 RED BARN sits on a plot of roughly 0.230 of an acre, or 930m². The below map shows the location of 71 RED BARN, 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 RED BARN). 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 71 RED BARN?

71 RED BARN is located in TURVES, in the PE7 postcode district. The below map shows the position of No. 71 on RED BARN.