16, BAILEY WAY, PETERBOROUGH, PE2 9SE - £274,000

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.

16 BAILEY WAY is a very large detached house of 154m², built sometime between 2003 and 2006, which could now be worth an estimated £397,678. It was last sold for £274,000 in May 2016, which was around 4% above the average May 2016 detached price in the City of Peterborough local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was C.

16 BAILEY WAY Sold Prices

Land registry data shows one sale for 16 BAILEY WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 27 MAY	£274,000	£262,349	4% above HPI

What might 16 BAILEY WAY be worth now?

16 BAILEY WAY might now be worth an estimated £397,678.

This is based on house price inflation of 45.1%, between May 2016 and May 2026, 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 45.1% inflationary increase is applied to the most recent sale price for 16 BAILEY WAY of £274,000 on 27th May 2016. For the value to have increased from £274,000 to £397,678 over the ten years to May 2026, the following assumptions must hold true:

• The value of 16 BAILEY WAY has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The May 2016 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BAILEY WAY has not materially changed since May 2016.

How Large is 16 BAILEY WAY?

16 BAILEY WAY is 154m² according to the EPC inspection conducted in January 2016. This puts it in the largest 20% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 16 BAILEY WAY lies on this distribution: 80% of detached houses are smaller than 16 BAILEY WAY, and 19% of detached houses are larger. Note that EPC data is not available for all properties in Peterborough.

16 BAILEY WAY: Plot

16 BAILEY WAY sits on a plot of roughly 0.142 of an acre, or 574m².

Where is 16 BAILEY WAY?

16 BAILEY WAY is located in PETERBOROUGH, in the PE2 postcode district.