5, CHESTNUT WAY, MARKET DEEPING, PETERBOROUGH, PE6 8LP - £442,000

5 CHESTNUT WAY is a large extended detached house of 131m², built sometime between 1976 and 1982. It was last sold for £442,000 in March 2023, which was around 18% above the average March 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

5 CHESTNUT WAY Sold Prices

Land registry data shows four sales for 5 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 5 CHESTNUT WAY 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
2023 7 MAR	£442,000	£374,402	18% above HPI
2015 20 FEB	£282,500	£236,722	19% above HPI
2012 14 AUG	£167,500	£218,720	23% below HPI
2004 28 MAY	£205,000	£190,354	8% above HPI

5 CHESTNUT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 5 CHESTNUT WAY sales between May 2004 and March 2023 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 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2023 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 5 CHESTNUT WAY?

5 CHESTNUT WAY is 131m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 5 CHESTNUT WAY lies on this distribution: 67% of detached houses are smaller than 5 CHESTNUT WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

5 CHESTNUT WAY: Plot and Title Map

5 CHESTNUT WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 5 CHESTNUT WAY, 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 5 CHESTNUT WAY). 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 5 CHESTNUT WAY?

5 CHESTNUT WAY is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 5 on CHESTNUT WAY.