5, MELFORD CLOSE, PETERBOROUGH, PE3 9NG - £315,000

5 MELFORD CLOSE is a large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £315,000 in March 2017, which was around 15% above the average March 2017 detached price in the City of Peterborough local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

5 MELFORD CLOSE Sold Prices

Land registry data shows two sales for 5 MELFORD CLOSE 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 5 MELFORD 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 17 MAR	£315,000	£274,989	15% above HPI
2002 8 AUG	£179,950	£148,728	21% above HPI

5 MELFORD CLOSE 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 5 MELFORD CLOSE sales from August 2002 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 August 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 MELFORD CLOSE?

5 MELFORD CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 5 MELFORD CLOSE lies on this distribution: 71% of detached houses are smaller than 5 MELFORD CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

5 MELFORD CLOSE: Plot and Title Map

5 MELFORD CLOSE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 5 MELFORD 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 5 MELFORD 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 5 MELFORD CLOSE?

5 MELFORD CLOSE is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 5 on MELFORD CLOSE.