8, LIMA WAY, PETERBOROUGH, PE2 8GN - £272,500

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 LIMA WAY is a midsized terraced house of 111m², built in 2015, which could now be worth an estimated £283,844. It was last sold for £272,500 in March 2024, which was around 48% above the average March 2024 terraced price in the City of Peterborough local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

8 LIMA WAY Sold Prices

Land registry data shows two sales for 8 LIMA WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 8 LIMA 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
2024 31 MAR	£272,500	£183,676	48% above HPI
2015 30 SEP	£189,995	£122,298	55% above HPI

8 LIMA WAY 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 two 8 LIMA WAY sales from September 2015 and March 2024 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 September 2015 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2024 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 8 LIMA WAY be worth now?

8 LIMA WAY might now be worth an estimated £283,844.

This is based on house price inflation of 4.2%, between March 2024 and May 2026, 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 4.2% inflationary increase is applied to the most recent sale price for 8 LIMA WAY of £272,500 on 31st March 2024. For the value to have increased from £272,500 to £283,844 over the one year and ten months to May 2026, the following assumptions must hold true:

• The value of 8 LIMA WAY has moved in line with the HPI for terraced houses in the City of Peterborough local authority area.
• The March 2024 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 8 LIMA WAY has not materially changed since March 2024.

How Large is 8 LIMA WAY?

8 LIMA WAY is 111m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 8 LIMA WAY lies on this distribution: 46% of terraced houses houses are smaller than 8 LIMA WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

8 LIMA WAY: Plot and Title Map

8 LIMA WAY sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 8 LIMA 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 8 LIMA 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 8 LIMA WAY?

8 LIMA WAY is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 8 on LIMA WAY.