8, NERO PLACE, PETERBOROUGH, PE2 8FY - £198,000

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.

8 NERO PLACE is a very small terraced house of 68m², which could now be worth an estimated £220,977. It was last sold for £198,000 in August 2021, which was around 20% above the average August 2021 terraced price in the City of Peterborough local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

8 NERO PLACE Sold Prices

Land registry data shows two sales for 8 NERO PLACE 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 NERO PLACE 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
2021 23 AUG	£198,000	£164,988	20% above HPI
2017 29 SEP	£171,995	£142,620	21% above HPI

8 NERO PLACE 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 NERO PLACE sales from September 2017 and August 2021 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 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 8 NERO PLACE be worth now?

8 NERO PLACE might now be worth an estimated £220,977.

This is based on house price inflation of 11.6%, between August 2021 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 11.6% inflationary increase is applied to the most recent sale price for 8 NERO PLACE of £198,000 on 23rd August 2021. For the value to have increased from £198,000 to £220,977 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 8 NERO PLACE has moved in line with the HPI for terraced houses in the City of Peterborough local authority area.
• The August 2021 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NERO PLACE has not materially changed since August 2021.

How Large is 8 NERO PLACE?

8 NERO PLACE is 68m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% 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 NERO PLACE lies on this distribution: 5% of terraced houses houses are smaller than 8 NERO PLACE, and 95% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

8 NERO PLACE: Plot and Title Map

8 NERO PLACE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 8 NERO PLACE, 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 NERO PLACE). 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 NERO PLACE?

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