8, MORPETH CLOSE, ORTON LONGUEVILLE, PETERBOROUGH, PE2 7AP - £231,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 MORPETH CLOSE is a small extended semi-detached house of 98m², built sometime between 1976 and 1982. It was last sold for £231,000 in December 2021, which was around 31% below the average December 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

8 MORPETH CLOSE Sold Prices

Land registry data shows four sales for 8 MORPETH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the four 8 MORPETH CLOSE 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 1 DEC	£231,000	£336,757	31% below HPI
2016 11 MAR	£185,000	£257,380	28% below HPI
2010 29 NOV	£143,000	£210,644	32% below HPI
2005 11 NOV	£150,000	£206,331	27% below HPI

8 MORPETH CLOSE 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 four 8 MORPETH CLOSE sales between November 2005 and December 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 MORPETH CLOSE?

8 MORPETH CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in August 2021. 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 MORPETH CLOSE lies on this distribution: 33% of detached houses are smaller than 8 MORPETH CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

8 MORPETH CLOSE: Plot and Title Map

8 MORPETH CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 8 MORPETH CLOSE, 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 MORPETH CLOSE). 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 MORPETH CLOSE?

8 MORPETH CLOSE is located in ORTON LONGUEVILLE, in the PE2 postcode district. The below map shows the position of No. 8 on MORPETH CLOSE.