56, GROUNDS WAY, COATES, PETERBOROUGH, PE7 2BU - £175,750

56 GROUNDS WAY is a small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £175,750 in February 2017, which was around 24% below the average February 2017 detached price in the Fenland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

56 GROUNDS WAY Sold Prices

Land registry data shows three sales for 56 GROUNDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 56 GROUNDS WAY 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
2017 21 FEB	£175,750	£231,246	24% below HPI
2014 1 AUG	£150,000	£189,300	21% below HPI
2000 3 MAY	£58,950	£80,550	27% below HPI

56 GROUNDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 56 GROUNDS WAY sales between May 2000 and February 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 56 GROUNDS WAY?

56 GROUNDS WAY is 80m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Coates, based on EPC data. The below chart shows the distribution of detached houses by size in Coates, and where 56 GROUNDS WAY lies on this distribution: 21% of detached houses are smaller than 56 GROUNDS WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Coates.

56 GROUNDS WAY: Plot and Title Map

56 GROUNDS WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 56 GROUNDS 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 56 GROUNDS 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 56 GROUNDS WAY?

56 GROUNDS WAY is located in COATES, in the PE7 postcode district. The below map shows the position of No. 56 on GROUNDS WAY.