24, CHAIN CLOSE, PETERBOROUGH, PE1 4EY - £215,000

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.

24 CHAIN CLOSE is a very small terraced house of 83m², built sometime between 1930 and 1949, which could now be worth an estimated £309,904. It was last sold for £215,000 in March 2017, which was around 62% above the average March 2017 terraced price in the City of Peterborough local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

24 CHAIN CLOSE Sold Prices

Land registry data shows two sales for 24 CHAIN CLOSE 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 24 CHAIN CLOSE 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
2017 10 MAR	£215,000	£132,732	62% above HPI
2007 25 MAY	£155,000	£118,989	30% above HPI

24 CHAIN CLOSE 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 24 CHAIN CLOSE sales from May 2007 and March 2017 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 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2017 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 24 CHAIN CLOSE be worth now?

24 CHAIN CLOSE might now be worth an estimated £309,904.

This is based on house price inflation of 44.1%, between March 2017 and May 2026, 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 44.1% inflationary increase is applied to the most recent sale price for 24 CHAIN CLOSE of £215,000 on 10th March 2017. For the value to have increased from £215,000 to £309,904 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 24 CHAIN CLOSE has moved in line with the HPI for terraced houses in the City of Peterborough local authority area.
• The March 2017 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CHAIN CLOSE has not materially changed since March 2017.

How Large is 24 CHAIN CLOSE?

24 CHAIN CLOSE is 83m² according to the EPC inspection conducted in July 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 24 CHAIN CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 24 CHAIN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

24 CHAIN CLOSE: Plot and Title Map

24 CHAIN CLOSE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 24 CHAIN 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 24 CHAIN 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 24 CHAIN CLOSE?

24 CHAIN CLOSE is located in PETERBOROUGH, in the PE1 postcode district. The below map shows the position of No. 24 on CHAIN CLOSE.