15, CAITHNESS CLOSE, ORTON NORTHGATE, PETERBOROUGH, PE2 6DB - £120,000

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.

15 CAITHNESS CLOSE is a small flat of 48m², built in 2012, which could now be worth an estimated £143,577. It was last sold for £120,000 in May 2017, which was around 27% above the average May 2017 flat price in the City of Peterborough local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was C.

15 CAITHNESS CLOSE Sold Prices

Land registry data shows two sales for 15 CAITHNESS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 15 CAITHNESS CLOSE 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
2017 12 MAY	£120,000	£94,561	27% above HPI
2013 14 JAN	£101,050	£71,323	42% above HPI

What might 15 CAITHNESS CLOSE be worth now?

15 CAITHNESS CLOSE might now be worth an estimated £143,577.

This is based on house price inflation of 19.6%, between May 2017 and May 2026, for flats, 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 19.6% inflationary increase is applied to the most recent sale price for 15 CAITHNESS CLOSE of £120,000 on 12th May 2017. For the value to have increased from £120,000 to £143,577 over the nine years to May 2026, the following assumptions must hold true:

• The value of 15 CAITHNESS CLOSE has moved in line with the HPI for flats in the City of Peterborough local authority area.
• The May 2017 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CAITHNESS CLOSE has not materially changed since May 2017.

How Large is 15 CAITHNESS CLOSE?

15 CAITHNESS CLOSE is 48m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 30% of flats in Peterborough, based on EPC data. 22% of flats are smaller than 15 CAITHNESS CLOSE, and 75% of flats are larger. Note that EPC data is not available for all properties in Peterborough.

15 CAITHNESS CLOSE: Plot

15 CAITHNESS CLOSE sits on a plot of roughly 0.012 of an acre, or 48m².

Where is 15 CAITHNESS CLOSE?

15 CAITHNESS CLOSE is located in ORTON NORTHGATE, in the PE2 postcode district.