40, VERE ROAD, PETERBOROUGH, PE1 3EA - £176,000

40 VERE ROAD is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £176,000 in January 2006, which was around 16% below the average January 2006 detached price in the City of Peterborough local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

40 VERE ROAD Sold Prices

Land registry data shows two sales for 40 VERE ROAD 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. Both of the two 40 VERE ROAD 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
2006 4 JAN	£176,000	£208,304	16% below HPI
2004 3 MAR	£164,000	£191,486	14% below HPI

40 VERE ROAD 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 40 VERE ROAD sales from March 2004 and January 2006 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 March 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2006 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 40 VERE ROAD?

40 VERE ROAD is 99m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 40 VERE ROAD lies on this distribution: 34% of detached houses are smaller than 40 VERE ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

40 VERE ROAD: Plot and Title Map

40 VERE ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 40 VERE ROAD, 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 40 VERE ROAD). 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 40 VERE ROAD?

40 VERE ROAD is located in PETERBOROUGH, in the PE1 postcode district. The below map shows the position of No. 40 on VERE ROAD.