8, DRIFFIELD WAY, PETERBOROUGH, PE2 9RU - £245,000

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

8 DRIFFIELD WAY is a large detached house of 136m², built sometime between 2003 and 2006. It was last sold for £245,000 in October 2012, which was around 16% above the average October 2012 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

8 DRIFFIELD WAY Sold Prices

Land registry data shows two sales for 8 DRIFFIELD WAY since 1^st 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. Both of the two 8 DRIFFIELD WAY 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
2012 12 OCT	£245,000	£210,841	16% above HPI
2004 27 FEB	£215,000	£188,171	14% above HPI

8 DRIFFIELD WAY Price Paid vs. HPI Average

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 DRIFFIELD WAY sales from February 2004 and October 2012 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 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2012 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 8 DRIFFIELD WAY?

8 DRIFFIELD WAY is 136m² according to the EPC inspection conducted in July 2012. This puts it in the largest 30% 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 DRIFFIELD WAY lies on this distribution: 71% of detached houses are smaller than 8 DRIFFIELD WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

8 DRIFFIELD WAY: Plot and Title Map

8 DRIFFIELD WAY sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 8 DRIFFIELD WAY, 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 DRIFFIELD WAY). 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 8 DRIFFIELD WAY?

8 DRIFFIELD WAY is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 8 on DRIFFIELD WAY.