3, CULME CLOSE, OUNDLE, PETERBOROUGH, PE8 4QQ - £319,950

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.

3 CULME CLOSE is a very small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £375,094. It was last sold for £319,950 in April 2021, which was around 8% below the average April 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

3 CULME CLOSE Sold Prices

Land registry data shows three sales for 3 CULME CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. One of the three 3 CULME CLOSE sales was for below the average price, whilst two 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
2021 9 APR	£319,950	£349,643	8% below HPI
2002 13 DEC	£158,750	£155,770	2% above HPI
1997 11 DEC	£80,000	£76,654	4% above HPI

3 CULME CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The three 3 CULME CLOSE sales between December 1997 and April 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 December 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 CULME CLOSE be worth now?

3 CULME CLOSE might now be worth an estimated £375,094.

This is based on house price inflation of 17.2%, between April 2021 and May 2026, for detached houses, in the North Northamptonshire 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 3 CULME CLOSE of £319,950 on 9th April 2021. For the value to have increased from £319,950 to £375,094 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 3 CULME CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The April 2021 sale price of £319,950 represented a fair market value for the property.
• The size, condition, and specification of 3 CULME CLOSE has not materially changed since April 2021.

How Large is 3 CULME CLOSE?

3 CULME CLOSE is 92m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses houses in Oundle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oundle, and where 3 CULME CLOSE lies on this distribution: 17% of detached houses houses are smaller than 3 CULME CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Oundle.

3 CULME CLOSE: Plot and Title Map

3 CULME CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 3 CULME 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 3 CULME 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 3 CULME CLOSE?

3 CULME CLOSE is located in OUNDLE, in the PE8 postcode district. The below map shows the position of No. 3 on CULME CLOSE.