LARKS RISE, KETTERING ROAD, WOTHORPE, STAMFORD, PE9 3JJ - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LARKS RISE is a very small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £405,000 in November 2018, which was around 30% above the average November 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2024, where the current energy rating was E, and the potential energy rating was C.

LARKS RISE Sold Prices

Land registry data shows four sales for LARKS RISE 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. All of the four LARKS RISE 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
2018 1 NOV	£405,000	£310,542	30% above HPI
2010 9 NOV	£255,000	£210,644	21% above HPI
1999 5 JUL	£120,000	£87,264	38% above HPI
1996 20 DEC	£85,000	£73,861	15% above HPI

LARKS RISE 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 LARKS RISE sales between December 1996 and November 2018 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 November 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2018 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is LARKS RISE?

LARKS RISE is 94m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Wothorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Wothorpe, and where LARKS RISE lies on this distribution: 2% of detached houses are smaller than LARKS RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wothorpe.

LARKS RISE: Plot and Title Map

LARKS RISE sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of LARKS RISE, 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 LARKS RISE). 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 LARKS RISE?

LARKS RISE is located on KETTERING ROAD in WOTHORPE, in the PE9 postcode district. The below map shows the position of LARKS RISE on KETTERING ROAD.