8, IRIS DRIVE, PETERBOROUGH, PE2 9SS - £211,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 IRIS DRIVE is a small semi-detached house of 100m², built sometime between 2007 and 2011, which could now be worth an estimated £259,534. It was last sold for £211,000 in December 2019, which was around 9% above the average December 2019 semi-detached price in the City of Peterborough local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

8 IRIS DRIVE Sold Prices

Land registry data shows three sales for 8 IRIS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Peterborough local authority area for the corresponding sale date. All of the three 8 IRIS DRIVE 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
2019 20 DEC	£211,000	£193,368	9% above HPI
2016 20 MAY	£192,500	£163,680	18% above HPI
2007 31 MAY	£189,995	£147,872	28% above HPI

8 IRIS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The three 8 IRIS DRIVE sales between May 2007 and December 2019 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 May 2016 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 8 IRIS DRIVE be worth now?

8 IRIS DRIVE might now be worth an estimated £259,534.

This is based on house price inflation of 23%, between December 2019 and February 2025, for semi-detached houses, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23% inflationary increase is applied to the most recent sale price for 8 IRIS DRIVE of £211,000 on 20th December 2019. For the value to have increased from £211,000 to £259,534 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 IRIS DRIVE has moved in line with the HPI for semi-detached houses in the City of Peterborough local authority area.
• The December 2019 sale price of £211,000 represented a fair market value for the property.
• The size, condition, and specification of 8 IRIS DRIVE has not materially changed since December 2019.

How Large is 8 IRIS DRIVE?

8 IRIS DRIVE is 100m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of semi-detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Peterborough, and where 8 IRIS DRIVE lies on this distribution: 35% of semi-detached houses houses are smaller than 8 IRIS DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

8 IRIS DRIVE: Plot and Title Map

8 IRIS DRIVE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 8 IRIS DRIVE, 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 IRIS DRIVE). 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 IRIS DRIVE?

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