14, BURWELL REACH, PETERBOROUGH, PE2 7ZE - £255,000

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.

14 BURWELL REACH is a midsized terraced house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £305,590. It was last sold for £255,000 in June 2020, which was around 66% above the average June 2020 terraced price in the City of Peterborough local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

14 BURWELL REACH Sold Prices

Land registry data shows five sales for 14 BURWELL REACH since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the City of Peterborough local authority area for the corresponding sale date. All of the five 14 BURWELL REACH 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 19 JUN	£255,000	£153,651	66% above HPI
2017 28 JUN	£240,000	£135,114	78% above HPI
2002 23 SEP	£171,995	£65,809	161% above HPI
1999 2 DEC	£96,000	£41,241	133% above HPI
1996 1 MAR	£68,500	£32,423	111% above HPI

14 BURWELL REACH 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 five 14 BURWELL REACH sales between March 1996 and June 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 June 2017 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the June 2020 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 14 BURWELL REACH be worth now?

14 BURWELL REACH might now be worth an estimated £305,590.

This is based on house price inflation of 19.8%, between June 2020 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 19.8% inflationary increase is applied to the most recent sale price for 14 BURWELL REACH of £255,000 on 19th June 2020. For the value to have increased from £255,000 to £305,590 over the five years to June 2025, the following assumptions must hold true:

• The value of 14 BURWELL REACH has moved in line with the HPI for terraced houses in the City of Peterborough local authority area.
• The June 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BURWELL REACH has not materially changed since June 2020.

How Large is 14 BURWELL REACH?

14 BURWELL REACH is 118m² according to the EPC inspection conducted in January 2020. This puts it in the largest 50% 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 14 BURWELL REACH lies on this distribution: 54% of terraced houses houses are smaller than 14 BURWELL REACH, and 45% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

14 BURWELL REACH: Plot and Title Map

14 BURWELL REACH sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 14 BURWELL REACH, 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 14 BURWELL REACH). 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 14 BURWELL REACH?

14 BURWELL REACH is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 14 on BURWELL REACH.