9, PETWORTH CLOSE, MARKET DEEPING, PETERBOROUGH, PE6 8ST - £242,500

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.

9 PETWORTH CLOSE is a small detached house of 100m², built sometime between 1991 and 1995, which could now be worth an estimated £302,234. It was last sold for £242,500 in June 2019, which was around 17% below the average June 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

9 PETWORTH CLOSE Sold Prices

Land registry data shows three sales for 9 PETWORTH CLOSE 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 9 PETWORTH 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
2019 21 JUN	£242,500	£292,587	17% below HPI
2007 9 MAR	£197,000	£229,832	14% below HPI
1996 6 DEC	£65,000	£71,986	10% below HPI

9 PETWORTH CLOSE 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 9 PETWORTH CLOSE sales between December 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 March 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 9 PETWORTH CLOSE be worth now?

9 PETWORTH CLOSE might now be worth an estimated £302,234.

This is based on house price inflation of 24.6%, between June 2019 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.6% inflationary increase is applied to the most recent sale price for 9 PETWORTH CLOSE of £242,500 on 21st June 2019. For the value to have increased from £242,500 to £302,234 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 9 PETWORTH CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2019 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 9 PETWORTH CLOSE has not materially changed since June 2019.

How Large is 9 PETWORTH CLOSE?

9 PETWORTH CLOSE is 100m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Deeping, and where 9 PETWORTH CLOSE lies on this distribution: 30% of detached houses houses are smaller than 9 PETWORTH CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

9 PETWORTH CLOSE: Plot and Title Map

9 PETWORTH CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 9 PETWORTH 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 9 PETWORTH 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 9 PETWORTH CLOSE?

9 PETWORTH CLOSE is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 9 on PETWORTH CLOSE.