GARDENERS COTTAGE, SECOND DRIFT, WOTHORPE, STAMFORD, PE9 3JH - £550,000

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.

GARDENERS COTTAGE is a large detached house of 341m², built in 2021, which could now be worth an estimated £576,115. It was last sold for £550,000 in March 2022, which was around 55% above the average March 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

GARDENERS COTTAGE Sold Prices

Land registry data shows two sales for GARDENERS COTTAGE 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 GARDENERS COTTAGE 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
2022 7 MAR	£550,000	£355,102	55% above HPI
2021 18 MAR	£550,000	£317,458	73% above HPI

GARDENERS COTTAGE 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 GARDENERS COTTAGE sales from March 2021 and March 2022 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 March 2021 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the March 2022 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might GARDENERS COTTAGE be worth now?

GARDENERS COTTAGE might now be worth an estimated £576,115.

This is based on house price inflation of 4.7%, between March 2022 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 4.7% inflationary increase is applied to the most recent sale price for GARDENERS COTTAGE of £550,000 on 7th March 2022. For the value to have increased from £550,000 to £576,115 over the three years to March 2025, the following assumptions must hold true:

• The value of GARDENERS COTTAGE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The March 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of GARDENERS COTTAGE has not materially changed since March 2022.

How Large is GARDENERS COTTAGE?

GARDENERS COTTAGE is 341m² according to the EPC inspection conducted in November 2022. This puts it in the largest 30% 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 GARDENERS COTTAGE lies on this distribution: 73% of detached houses houses are smaller than GARDENERS COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Wothorpe.

GARDENERS COTTAGE: Plot and Title Map

GARDENERS COTTAGE sits on a plot of roughly 0.231 of an acre, or 936m². The below map shows the location of GARDENERS COTTAGE, 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 GARDENERS COTTAGE). 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 GARDENERS COTTAGE?

GARDENERS COTTAGE is located on SECOND DRIFT in WOTHORPE, in the PE9 postcode district. The below map shows the position of GARDENERS COTTAGE on SECOND DRIFT.