BIRCHFIELD, SPRINGFIELD, PETERBOROUGH, PE2 8BU - £290,000

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

BIRCHFIELD is a large extended detached house of 131m², built sometime from 2007 onwards. It was last sold for £290,000 in January 2024, which was around 21% below the average January 2024 detached price in the City of Peterborough local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

BIRCHFIELD Sold Prices

Land registry data shows four sales for BIRCHFIELD 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 BIRCHFIELD sales were for above 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
2024 31 JAN	£290,000	£369,295	21% below HPI
2020 8 JUN	£335,000	£316,367	6% above HPI
2006 25 MAY	£235,000	£214,422	10% above HPI
1997 25 NOV	£120,000	£78,121	54% above HPI

BIRCHFIELD 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 BIRCHFIELD sales between November 1997 and January 2024 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 2020 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is BIRCHFIELD?

BIRCHFIELD is 131m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 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 BIRCHFIELD lies on this distribution: 67% of detached houses are smaller than BIRCHFIELD, and 32% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

BIRCHFIELD: Plot and Title Map

BIRCHFIELD sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of BIRCHFIELD, 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 BIRCHFIELD). 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 BIRCHFIELD?

BIRCHFIELD is located on SPRINGFIELD in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of BIRCHFIELD on SPRINGFIELD.