9, FAIRMEAD WAY, PETERBOROUGH, PE3 6AE - £260,000

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

9 FAIRMEAD WAY is a small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £260,000 in June 2019, which was around 16% below the average June 2019 detached price in the City of Peterborough local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

9 FAIRMEAD WAY Sold Prices

Land registry data shows four sales for 9 FAIRMEAD 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 City of Peterborough local authority area for the corresponding sale date. Most of the four 9 FAIRMEAD 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
2019 4 JUN	£260,000	£308,678	16% below HPI
2011 2 AUG	£200,000	£208,093	4% below HPI
2005 17 MAY	£180,000	£205,131	12% below HPI
1996 18 SEP	£75,000	£72,248	4% above HPI

9 FAIRMEAD 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 four 9 FAIRMEAD WAY sales between September 1996 and June 2019 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 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 9 FAIRMEAD WAY?

9 FAIRMEAD WAY is 95m² according to the EPC inspection conducted in April 2011. 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 9 FAIRMEAD WAY lies on this distribution: 30% of detached houses are smaller than 9 FAIRMEAD WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

9 FAIRMEAD WAY: Plot and Title Map

9 FAIRMEAD WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 9 FAIRMEAD 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 9 FAIRMEAD 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 9 FAIRMEAD WAY?

9 FAIRMEAD WAY is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 9 on FAIRMEAD WAY.