3, MAGDA CLOSE, STANGROUND SOUTH, PETERBOROUGH, PE2 8WF - £172,650

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 MAGDA CLOSE is a very small semi-detached house of 58m², which could now be worth an estimated £197,283. It was last sold for £172,650 in September 2021, which was around 17% below the average September 2021 semi-detached price in the City of Peterborough local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

3 MAGDA CLOSE Sold Prices

Land registry data shows two sales for 3 MAGDA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 3 MAGDA CLOSE 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 29 SEP	£172,650	£208,148	17% below HPI
2018 28 FEB	£163,995	£184,737	11% below HPI

3 MAGDA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The two 3 MAGDA CLOSE sales from February 2018 and September 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 February 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 MAGDA CLOSE be worth now?

3 MAGDA CLOSE might now be worth an estimated £197,283.

This is based on house price inflation of 14.3%, between September 2021 and February 2025, for semi-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 14.3% inflationary increase is applied to the most recent sale price for 3 MAGDA CLOSE of £172,650 on 29th September 2021. For the value to have increased from £172,650 to £197,283 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 MAGDA CLOSE has moved in line with the HPI for semi-detached houses in the City of Peterborough local authority area.
• The September 2021 sale price of £172,650 represented a fair market value for the property.
• The size, condition, and specification of 3 MAGDA CLOSE has not materially changed since September 2021.

How Large is 3 MAGDA CLOSE?

3 MAGDA CLOSE is 58m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of semi-detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Peterborough, and where 3 MAGDA CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 3 MAGDA CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

3 MAGDA CLOSE: Plot and Title Map

3 MAGDA CLOSE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 3 MAGDA 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 MAGDA 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 MAGDA CLOSE?

3 MAGDA CLOSE is located in STANGROUND SOUTH, in the PE2 postcode district. The below map shows the position of No. 3 on MAGDA CLOSE.