16, CORNMILL CLOSE, FARCET, PETERBOROUGH, PE7 3FT - £225,995

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 CORNMILL CLOSE is a small detached house of 92m², built in 2016, which could now be worth an estimated £310,695. It was last sold for £225,995 in June 2017, which was around 18% below the average June 2017 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 A.

16 CORNMILL CLOSE Sold Prices

Land registry data shows one sale for 16 CORNMILL CLOSE 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
2017 30 JUN	£225,995	£276,965	18% below HPI

What might 16 CORNMILL CLOSE be worth now?

16 CORNMILL CLOSE might now be worth an estimated £310,695.

This is based on house price inflation of 37.5%, between June 2017 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 37.5% inflationary increase is applied to the most recent sale price for 16 CORNMILL CLOSE of £225,995 on 30th June 2017. For the value to have increased from £225,995 to £310,695 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 16 CORNMILL CLOSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The June 2017 sale price of £225,995 represented a fair market value for the property.
• The size, condition, and specification of 16 CORNMILL CLOSE has not materially changed since June 2017.

How Large is 16 CORNMILL CLOSE?

16 CORNMILL CLOSE is 92m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% 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 CORNMILL CLOSE lies on this distribution: 28% of detached houses are smaller than 16 CORNMILL CLOSE, and 72% of detached houses are larger. Note that EPC data is not available for all properties in Peterborough.

16 CORNMILL CLOSE: Plot

16 CORNMILL CLOSE sits on a plot of roughly 0.101 of an acre, or 408m².

Where is 16 CORNMILL CLOSE?

16 CORNMILL CLOSE is located in FARCET, in the PE7 postcode district.