8, GROVE LANE, LONGTHORPE, PETERBOROUGH, PE3 6LZ - £359,995

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.

8 GROVE LANE is a very small extended semi-detached house of 82m², built sometime before 1900, which could now be worth an estimated £546,297. It was last sold for £359,995 in November 2015, which was around 129% above the average November 2015 semi-detached price in the City of Peterborough local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

8 GROVE LANE Sold Prices

Land registry data shows three sales for 8 GROVE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Peterborough local authority area for the corresponding sale date. All of the three 8 GROVE LANE 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
2015 30 NOV	£359,995	£157,532	129% above HPI
2013 14 JUN	£249,000	£132,182	88% above HPI
2005 8 DEC	£235,000	£131,548	79% above HPI

8 GROVE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The three 8 GROVE LANE sales between December 2005 and November 2015 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 June 2013 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the November 2015 sale, where it rises to 129% above the HPI. The line then continues to track at 129% above the HPI.

What might 8 GROVE LANE be worth now?

8 GROVE LANE might now be worth an estimated £546,297.

This is based on house price inflation of 51.8%, between November 2015 and March 2025, for semi-detached 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 51.8% inflationary increase is applied to the most recent sale price for 8 GROVE LANE of £359,995 on 30th November 2015. For the value to have increased from £359,995 to £546,297 over the ten years and eight months to March 2025, the following assumptions must hold true:

• The value of 8 GROVE LANE has moved in line with the HPI for semi-detached houses in the City of Peterborough local authority area.
• The November 2015 sale price of £359,995 represented a fair market value for the property.
• The size, condition, and specification of 8 GROVE LANE has not materially changed since November 2015.

How Large is 8 GROVE LANE?

8 GROVE LANE is 82m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of semi-detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Peterborough, and where 8 GROVE LANE lies on this distribution: 16% of semi-detached houses houses are smaller than 8 GROVE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

8 GROVE LANE: Plot and Title Map

8 GROVE LANE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 8 GROVE LANE, 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 8 GROVE LANE). 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 8 GROVE LANE?

8 GROVE LANE is located in LONGTHORPE, in the PE3 postcode district. The below map shows the position of No. 8 on GROVE LANE.