WAVENEY HOUSE, FIRST DRIFT, WOTHORPE, STAMFORD, PE9 3JL - £875,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WAVENEY HOUSE is a large extended detached house of 303m², built sometime between 1950 and 1966, which could now be worth an estimated £1,395,618. It was last sold for £875,000 in October 2014, which was around 275% above the average October 2014 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

WAVENEY HOUSE Sold Prices

Land registry data shows two sales for WAVENEY HOUSE 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 WAVENEY HOUSE 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
2014 24 OCT	£875,000	£233,640	275% above HPI
1996 23 AUG	£200,000	£71,133	181% above HPI

WAVENEY HOUSE 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 WAVENEY HOUSE sales from August 1996 and October 2014 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 1996 sale was for 181% above the HPI. So the extrapolation line tracks at 181% above the HPI over time, until the October 2014 sale, where it rises to 275% above the HPI. The line then continues to track at 275% above the HPI.

What might WAVENEY HOUSE be worth now?

WAVENEY HOUSE might now be worth an estimated £1,395,618.

This is based on house price inflation of 59.5%, between October 2014 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 59.5% inflationary increase is applied to the most recent sale price for WAVENEY HOUSE of £875,000 on 24th October 2014. For the value to have increased from £875,000 to £1,395,618 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of WAVENEY HOUSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The October 2014 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of WAVENEY HOUSE has not materially changed since October 2014.

How Large is WAVENEY HOUSE?

WAVENEY HOUSE is 303m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% 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 WAVENEY HOUSE lies on this distribution: 64% of detached houses houses are smaller than WAVENEY HOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wothorpe.

WAVENEY HOUSE: Plot and Title Map

WAVENEY HOUSE sits on a plot of roughly 0.616 of an acre, or 2,494m². The below map shows the location of WAVENEY HOUSE, 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 WAVENEY HOUSE). 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 WAVENEY HOUSE?

WAVENEY HOUSE is located on FIRST DRIFT in WOTHORPE, in the PE9 postcode district. The below map shows the position of WAVENEY HOUSE on FIRST DRIFT.