62, SPRING AVENUE, HAMPTON VALE, PETERBOROUGH, PE7 8HW - £280,000

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.

62 SPRING AVENUE is a midsized terraced house of 116m², built sometime from 2007 onwards, which could now be worth an estimated £283,732. It was last sold for £280,000 in June 2023, which was around 54% above the average June 2023 terraced price in the City of Peterborough local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

62 SPRING AVENUE Sold Prices

Land registry data shows three sales for 62 SPRING AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the City of Peterborough local authority area for the corresponding sale date. All of the three 62 SPRING AVENUE 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 26 JUN	£280,000	£181,712	54% above HPI
2014 22 OCT	£187,000	£116,064	61% above HPI
2009 23 OCT	£164,500	£101,496	62% above HPI

62 SPRING AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Peterborough local authority area over time, sourced from the HPI. The three 62 SPRING AVENUE sales between October 2009 and June 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 October 2014 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2023 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 62 SPRING AVENUE be worth now?

62 SPRING AVENUE might now be worth an estimated £283,732.

This is based on house price inflation of 1.3%, between June 2023 and June 2025, for terraced 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 1.3% inflationary increase is applied to the most recent sale price for 62 SPRING AVENUE of £280,000 on 26th June 2023. For the value to have increased from £280,000 to £283,732 over the two years to June 2025, the following assumptions must hold true:

• The value of 62 SPRING AVENUE has moved in line with the HPI for terraced houses in the City of Peterborough local authority area.
• The June 2023 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 62 SPRING AVENUE has not materially changed since June 2023.

How Large is 62 SPRING AVENUE?

62 SPRING AVENUE is 116m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of terraced houses houses in Peterborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Peterborough, and where 62 SPRING AVENUE lies on this distribution: 52% of terraced houses houses are smaller than 62 SPRING AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

62 SPRING AVENUE: Plot and Title Map

62 SPRING AVENUE sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 62 SPRING AVENUE, 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 62 SPRING AVENUE). 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 62 SPRING AVENUE?

62 SPRING AVENUE is located in HAMPTON VALE, in the PE7 postcode district. The below map shows the position of No. 62 on SPRING AVENUE.