CHESTNUT LODGE, RUSSELL CLOSE, THORNEY, PETERBOROUGH, PE6 0SW - £510,000

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

CHESTNUT LODGE is a very large extended detached house of 215m², built sometime between 1976 and 1982. It was last sold for £510,000 in June 2021, which was around 57% above the average June 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

CHESTNUT LODGE Sold Prices

Land registry data shows two sales for CHESTNUT LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Both of the two CHESTNUT LODGE 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
2021 25 JUN	£510,000	£324,082	57% above HPI
2001 29 MAR	£183,000	£106,078	73% above HPI

CHESTNUT LODGE 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 two CHESTNUT LODGE sales from March 2001 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 March 2001 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the June 2021 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is CHESTNUT LODGE?

CHESTNUT LODGE is 215m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses in Thorney, based on EPC data. The below chart shows the distribution of detached houses by size in Thorney, and where CHESTNUT LODGE lies on this distribution: 95% of detached houses are smaller than CHESTNUT LODGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Thorney.

CHESTNUT LODGE: Plot and Title Map

CHESTNUT LODGE sits on a plot of roughly 0.507 of an acre, or 2,053m². The below map shows the location of CHESTNUT LODGE, 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 CHESTNUT LODGE). 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 CHESTNUT LODGE?

CHESTNUT LODGE is located on RUSSELL CLOSE in THORNEY, in the PE6 postcode district. The below map shows the position of CHESTNUT LODGE on RUSSELL CLOSE.