8, SHERINGHAM WAY, ORTON LONGUEVILLE, PETERBOROUGH, PE2 7AH - £270,000

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 SHERINGHAM WAY is a small extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £308,369. It was last sold for £270,000 in June 2021, which was around 17% below the average June 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

8 SHERINGHAM WAY Sold Prices

Land registry data shows three sales for 8 SHERINGHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the three 8 SHERINGHAM WAY 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 28 JUN	£270,000	£324,089	17% below HPI
2017 19 APR	£245,000	£277,088	12% below HPI
2015 7 APR	£195,000	£232,318	16% below HPI

8 SHERINGHAM 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 three 8 SHERINGHAM WAY sales between April 2015 and June 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 April 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 SHERINGHAM WAY be worth now?

8 SHERINGHAM WAY might now be worth an estimated £308,369.

This is based on house price inflation of 14.2%, between June 2021 and June 2025, for 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 14.2% inflationary increase is applied to the most recent sale price for 8 SHERINGHAM WAY of £270,000 on 28th June 2021. For the value to have increased from £270,000 to £308,369 over the four years to June 2025, the following assumptions must hold true:

• The value of 8 SHERINGHAM WAY has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The June 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHERINGHAM WAY has not materially changed since June 2021.

How Large is 8 SHERINGHAM WAY?

8 SHERINGHAM WAY is 94m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterborough, and where 8 SHERINGHAM WAY lies on this distribution: 30% of detached houses houses are smaller than 8 SHERINGHAM WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

8 SHERINGHAM WAY: Plot and Title Map

8 SHERINGHAM WAY sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 8 SHERINGHAM 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 SHERINGHAM 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 SHERINGHAM WAY?

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