8, PARK DRIVE, MARKET DEEPING, PETERBOROUGH, PE6 8BG - £250,000

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 PARK DRIVE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £250,000 in February 2022, which was around 29% below the average February 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

8 PARK DRIVE Sold Prices

Land registry data shows three sales for 8 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 8 PARK DRIVE 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
2022 25 FEB	£250,000	£352,660	29% below HPI
2002 28 JUN	£115,000	£140,590	18% below HPI
1998 25 JUN	£60,000	£83,448	28% below HPI

8 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 8 PARK DRIVE sales between June 1998 and February 2022 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 June 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 PARK DRIVE?

8 PARK DRIVE is 76m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 8 PARK DRIVE lies on this distribution: 9% of detached houses are smaller than 8 PARK DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

8 PARK DRIVE: Plot and Title Map

8 PARK DRIVE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 8 PARK 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 PARK 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 PARK DRIVE?

8 PARK DRIVE is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 8 on PARK DRIVE.