THE REDOUBT, SECOND DRIFT, WOTHORPE, STAMFORD, PE9 3JH - £1,200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE REDOUBT is a midsized extended detached house of 274m², built sometime from 2007 onwards, which could now be worth an estimated £1,436,401. It was last sold for £1,200,000 in February 2020, which was around 285% above the average February 2020 detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

THE REDOUBT Sold Prices

Land registry data shows two sales for THE REDOUBT 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 THE REDOUBT 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
2020 25 FEB	£1,200,000	£311,323	285% above HPI
2017 20 MAR	£1,050,000	£274,994	282% above HPI

THE REDOUBT 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 THE REDOUBT sales from March 2017 and February 2020 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 2017 sale was for 282% above the HPI. So the extrapolation line tracks at 282% above the HPI over time, until the February 2020 sale, where it rises to 285% above the HPI. The line then continues to track at 285% above the HPI.

What might THE REDOUBT be worth now?

THE REDOUBT might now be worth an estimated £1,436,401.

This is based on house price inflation of 19.7%, between February 2020 and February 2025, for detached houses, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.7% inflationary increase is applied to the most recent sale price for THE REDOUBT of £1,200,000 on 25th February 2020. For the value to have increased from £1,200,000 to £1,436,401 over the five years to February 2025, the following assumptions must hold true:

• The value of THE REDOUBT has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The February 2020 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of THE REDOUBT has not materially changed since February 2020.

How Large is THE REDOUBT?

THE REDOUBT is 274m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses houses in Wothorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wothorpe, and where THE REDOUBT lies on this distribution: 56% of detached houses houses are smaller than THE REDOUBT, and 44% of houses are larger. Note that EPC data is not available for all properties in Wothorpe.

THE REDOUBT: Plot and Title Map

THE REDOUBT sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of THE REDOUBT, 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 THE REDOUBT). 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 THE REDOUBT?

THE REDOUBT is located on SECOND DRIFT in WOTHORPE, in the PE9 postcode district. The below map shows the position of THE REDOUBT on SECOND DRIFT.