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
8 BURWELL REACH is a small detached house of 103m², built sometime between 2003 and 2006. It was last sold for £350,000 in October 2023, which was around 8% below the average October 2023 detached price in the City of Peterborough local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 BURWELL REACH since 1st 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. One of the two 8 BURWELL REACH sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2023 6 OCT | £350,000 | £379,044 | 8% below HPI |
1999 4 JUN | £91,500 | £85,326 | 7% above 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 two 8 BURWELL REACH sales from 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 June 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
8 BURWELL REACH is 103m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 8 BURWELL REACH lies on this distribution: 38% of detached houses are smaller than 8 BURWELL REACH, and 61% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
8 BURWELL REACH sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 8 BURWELL REACH, 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 8 BURWELL REACH). 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.
8 BURWELL REACH is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 8 on BURWELL REACH.