THE CEDARS, FIRST DRIFT, WOTHORPE, STAMFORD, PE9 3JL - £295,000

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.

THE CEDARS is a midsized detached house of 275m², built in 2017, which could now be worth an estimated £405,382. It was last sold for £295,000 in April 2017, which was around 6% above the average April 2017 detached price in the City of Peterborough local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was C.

THE CEDARS Sold Prices

Land registry data shows one sale for THE CEDARS 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 5 APR	£295,000	£277,088	6% above HPI

What might THE CEDARS be worth now?

THE CEDARS might now be worth an estimated £405,382.

This is based on house price inflation of 37.4%, between April 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 37.4% inflationary increase is applied to the most recent sale price for THE CEDARS of £295,000 on 5th April 2017. For the value to have increased from £295,000 to £405,382 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of THE CEDARS has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The April 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of THE CEDARS has not materially changed since April 2017.

How Large is THE CEDARS?

THE CEDARS is 275m² according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Wothorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Wothorpe, and where THE CEDARS lies on this distribution: 56% of detached houses are smaller than THE CEDARS, and 44% of detached houses are larger. Note that EPC data is not available for all properties in Wothorpe.

THE CEDARS: Plot

THE CEDARS sits on a plot of roughly 0.398 of an acre, or 1,609m².

Where is THE CEDARS?

THE CEDARS is located on FIRST DRIFT in WOTHORPE, in the PE9 postcode district.