1, DRAKE AVENUE, PETERBOROUGH, PE2 9FF - £208,000

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.

1 DRAKE AVENUE is a very small terraced house of 84m², which could now be worth an estimated £261,717. It was last sold for £208,000 in February 2019, which was around 42% above the average February 2019 terraced price in the City of Peterborough local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

1 DRAKE AVENUE Sold Prices

Land registry data shows two sales for 1 DRAKE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 1 DRAKE AVENUE 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
2019 22 FEB	£208,000	£146,341	42% above HPI
2015 19 JUN	£168,995	£118,153	43% above HPI

1 DRAKE AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Peterborough local authority area over time, sourced from the HPI. The two 1 DRAKE AVENUE sales from June 2015 and February 2019 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 June 2015 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2019 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 1 DRAKE AVENUE be worth now?

1 DRAKE AVENUE might now be worth an estimated £261,717.

This is based on house price inflation of 25.8%, between February 2019 and June 2025, for terraced 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 25.8% inflationary increase is applied to the most recent sale price for 1 DRAKE AVENUE of £208,000 on 22nd February 2019. For the value to have increased from £208,000 to £261,717 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of 1 DRAKE AVENUE has moved in line with the HPI for terraced houses in the City of Peterborough local authority area.
• The February 2019 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DRAKE AVENUE has not materially changed since February 2019.

How Large is 1 DRAKE AVENUE?

1 DRAKE AVENUE is 84m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of terraced houses houses in Peterborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Peterborough, and where 1 DRAKE AVENUE lies on this distribution: 17% of terraced houses houses are smaller than 1 DRAKE AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

1 DRAKE AVENUE: Plot and Title Map

1 DRAKE AVENUE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 1 DRAKE AVENUE, 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 1 DRAKE AVENUE). 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 1 DRAKE AVENUE?

1 DRAKE AVENUE is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 1 on DRAKE AVENUE.