81, GROUNDS WAY, COATES, PETERBOROUGH, PE7 2BU - £224,000

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

81 GROUNDS WAY is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £224,000 in July 2023, which was around 26% below the average July 2023 detached price in the Fenland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

81 GROUNDS WAY Sold Prices

Land registry data shows four sales for 81 GROUNDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 81 GROUNDS 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
2023 14 JUL	£224,000	£302,591	26% below HPI
2017 18 AUG	£183,500	£241,700	24% below HPI
2009 29 APR	£130,500	£164,996	21% below HPI
2004 17 SEP	£142,000	£170,732	17% below HPI

81 GROUNDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The four 81 GROUNDS WAY sales between September 2004 and July 2023 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 August 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 81 GROUNDS WAY?

81 GROUNDS WAY is 76m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Coates, based on EPC data. The below chart shows the distribution of detached houses by size in Coates, and where 81 GROUNDS WAY lies on this distribution: 15% of detached houses are smaller than 81 GROUNDS WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Coates.

81 GROUNDS WAY: Plot and Title Map

81 GROUNDS WAY sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 81 GROUNDS 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 81 GROUNDS 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 81 GROUNDS WAY?

81 GROUNDS WAY is located in COATES, in the PE7 postcode district. The below map shows the position of No. 81 on GROUNDS WAY.