8, MAGNOLIA AVENUE, PETERBOROUGH, PE3 9QT - £200,000

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 MAGNOLIA AVENUE is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £200,000 in April 2021, which was around 38% below the average April 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

8 MAGNOLIA AVENUE Sold Prices

Land registry data shows two sales for 8 MAGNOLIA AVENUE 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 MAGNOLIA AVENUE 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
2021 19 APR	£200,000	£320,153	38% below HPI
1998 27 MAR	£55,000	£81,034	32% below HPI

8 MAGNOLIA AVENUE 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 MAGNOLIA AVENUE sales from March 1998 and April 2021 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 1998 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 MAGNOLIA AVENUE?

8 MAGNOLIA AVENUE is 58m² according to the EPC inspection conducted in June 2020. 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 8 MAGNOLIA AVENUE lies on this distribution: 2% of detached houses are smaller than 8 MAGNOLIA AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

8 MAGNOLIA AVENUE: Plot and Title Map

8 MAGNOLIA AVENUE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 8 MAGNOLIA AVENUE, 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 MAGNOLIA AVENUE). 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 MAGNOLIA AVENUE?

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