8, FAIRMEAD WAY, PETERBOROUGH, PE3 6AE - £178,000

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 FAIRMEAD WAY is a large detached house of 146m², built sometime between 1967 and 1975. It was last sold for £178,000 in January 2003, which was around 8% above the average January 2003 detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

8 FAIRMEAD WAY Sold Prices

Land registry data shows two sales for 8 FAIRMEAD 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 FAIRMEAD 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
2003 30 JAN	£178,000	£164,317	8% above HPI
2000 31 MAR	£118,000	£92,295	28% above HPI

8 FAIRMEAD 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 FAIRMEAD WAY sales from March 2000 and January 2003 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 2000 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2003 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 8 FAIRMEAD WAY?

8 FAIRMEAD WAY is 146m² according to the EPC inspection conducted in June 2009. 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 FAIRMEAD WAY lies on this distribution: 77% of detached houses are smaller than 8 FAIRMEAD WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

8 FAIRMEAD WAY: Plot and Title Map

8 FAIRMEAD WAY sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 8 FAIRMEAD 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 FAIRMEAD 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 FAIRMEAD WAY?

8 FAIRMEAD WAY is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 8 on FAIRMEAD WAY.