14, REEDMACE CLOSE, NEWBOROUGH, PETERBOROUGH, PE6 7QS - £229,000

14 REEDMACE CLOSE is a very large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £229,000 in July 2010, which was around 9% above the average July 2010 detached price in the City of Peterborough local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

14 REEDMACE CLOSE Sold Prices

Land registry data shows two sales for 14 REEDMACE CLOSE 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. One of the two 14 REEDMACE CLOSE sales was for above the average price, whilst the other was 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
2010 12 JUL	£229,000	£210,397	9% above HPI
2001 31 JAN	£84,000	£106,171	21% below HPI

14 REEDMACE CLOSE 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 14 REEDMACE CLOSE sales from January 2001 and July 2010 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 January 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2010 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 14 REEDMACE CLOSE?

14 REEDMACE CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in Newborough, based on EPC data. The below chart shows the distribution of detached houses by size in Newborough, and where 14 REEDMACE CLOSE lies on this distribution: 83% of detached houses are smaller than 14 REEDMACE CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Newborough.

14 REEDMACE CLOSE: Plot and Title Map

14 REEDMACE CLOSE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 14 REEDMACE CLOSE, 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 REEDMACE CLOSE). 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 REEDMACE CLOSE?

14 REEDMACE CLOSE is located in NEWBOROUGH, in the PE6 postcode district. The below map shows the position of No. 14 on REEDMACE CLOSE.