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 THORPE LEA ROAD is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £286,000 in October 2023, which was around 25% below the average October 2023 detached price in the City of Peterborough local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 71 THORPE LEA ROAD 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 THORPE LEA ROAD 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 |
---|---|---|---|
2023 20 OCT | £286,000 | £379,044 | 25% below HPI |
2019 15 JUL | £248,000 | £303,361 | 18% below HPI |
2006 23 MAY | £90,000 | £214,422 | 58% below HPI |
2002 2 AUG | £109,995 | £148,728 | 26% below HPI |
1999 7 JUN | £75,500 | £85,326 | 12% 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 THORPE LEA ROAD sales between June 1999 and October 2023 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 July 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
71 THORPE LEA ROAD is 71m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% 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 THORPE LEA ROAD lies on this distribution: 6% of detached houses are smaller than 71 THORPE LEA ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
71 THORPE LEA ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 71 THORPE LEA ROAD, 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 THORPE LEA ROAD). 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 THORPE LEA ROAD is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 71 on THORPE LEA ROAD.