CORNELL HOUSE, FIRST DRIFT, WOTHORPE, STAMFORD, PE9 3JL - £1,250,400

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.

CORNELL HOUSE is a very large detached house of 427m², which could now be worth an estimated £1,567,210. It was last sold for £1,250,400 in February 2018, which was around 321% above the average February 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was B.

CORNELL HOUSE Sold Prices

Land registry data shows two sales for CORNELL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Both of the two CORNELL HOUSE 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
2018 19 FEB	£1,250,400	£296,771	321% above HPI
2015 12 MAY	£650,000	£233,752	178% above HPI

CORNELL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The two CORNELL HOUSE sales from May 2015 and February 2018 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 May 2015 sale was for 178% above the HPI. So the extrapolation line tracks at 178% above the HPI over time, until the February 2018 sale, where it rises to 321% above the HPI. The line then continues to track at 321% above the HPI.

What might CORNELL HOUSE be worth now?

CORNELL HOUSE might now be worth an estimated £1,567,210.

This is based on house price inflation of 25.3%, between February 2018 and March 2025, for 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 25.3% inflationary increase is applied to the most recent sale price for CORNELL HOUSE of £1,250,400 on 19th February 2018. For the value to have increased from £1,250,400 to £1,567,210 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of CORNELL HOUSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The February 2018 sale price of £1,250,400 represented a fair market value for the property.
• The size, condition, and specification of CORNELL HOUSE has not materially changed since February 2018.

How Large is CORNELL HOUSE?

CORNELL HOUSE is 427m² according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses houses in Wothorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wothorpe, and where CORNELL HOUSE lies on this distribution: 90% of detached houses houses are smaller than CORNELL HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Wothorpe.

CORNELL HOUSE: Plot and Title Map

CORNELL HOUSE sits on a plot of roughly 0.277 of an acre, or 1,120m². The below map shows the location of CORNELL HOUSE, 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 CORNELL HOUSE). 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 CORNELL HOUSE?

CORNELL HOUSE is located on FIRST DRIFT in WOTHORPE, in the PE9 postcode district. The below map shows the position of CORNELL HOUSE on FIRST DRIFT.