2, LALE WALK, WITTERING, PETERBOROUGH, PE8 6EJ - £157,000

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.

2 LALE WALK is a small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £183,956. It was last sold for £157,000 in March 2021, which was around 51% below the average March 2021 detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

2 LALE WALK Sold Prices

Land registry data shows four sales for 2 LALE WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the four 2 LALE WALK sales were 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
2021 8 MAR	£157,000	£317,458	51% below HPI
2017 26 MAY	£139,950	£275,775	49% below HPI
2010 29 OCT	£92,500	£212,453	56% below HPI
2003 4 SEP	£82,950	£181,416	54% below HPI

2 LALE WALK 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 four 2 LALE WALK sales between September 2003 and March 2021 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 May 2017 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2021 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 2 LALE WALK be worth now?

2 LALE WALK might now be worth an estimated £183,956.

This is based on house price inflation of 17.2%, between March 2021 and March 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 17.2% inflationary increase is applied to the most recent sale price for 2 LALE WALK of £157,000 on 8th March 2021. For the value to have increased from £157,000 to £183,956 over the four years to March 2025, the following assumptions must hold true:

• The value of 2 LALE WALK has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The March 2021 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LALE WALK has not materially changed since March 2021.

How Large is 2 LALE WALK?

2 LALE WALK is 84m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 30% of detached houses houses in Wittering, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wittering, and where 2 LALE WALK lies on this distribution: 25% of detached houses houses are smaller than 2 LALE WALK, and 75% of houses are larger. Note that EPC data is not available for all properties in Wittering.

2 LALE WALK: Plot and Title Map

2 LALE WALK sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 2 LALE WALK, 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 2 LALE WALK). 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 2 LALE WALK?

2 LALE WALK is located in WITTERING, in the PE8 postcode district. The below map shows the position of No. 2 on LALE WALK.