NORWOOD, SPRINGFIELD, PETERBOROUGH, PE2 8BU - £168,000

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

NORWOOD is a small semi-detached house of 102m², built sometime between 1930 and 1949. It was last sold for £168,000 in December 2015, which was around 34% below the average December 2015 detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

NORWOOD Sold Prices

Land registry data shows two sales for NORWOOD 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 NORWOOD 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
2015 2 DEC	£168,000	£255,177	34% below HPI
2005 17 AUG	£200,000	£206,677	3% below HPI

NORWOOD 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 NORWOOD sales from August 2005 and December 2015 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 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is NORWOOD?

NORWOOD is 102m² according to the EPC inspection conducted in June 2014. 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 NORWOOD lies on this distribution: 37% of detached houses are smaller than NORWOOD, and 62% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

NORWOOD: Plot and Title Map

NORWOOD sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of NORWOOD, 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 NORWOOD). 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 NORWOOD?

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