6, REED CLOSE, CHATTERIS, PE16 6PD - £110,000

6 REED CLOSE is a very small detached house of 60m², built sometime between 2003 and 2006. It was last sold for £110,000 in October 2010, which was around 35% below the average October 2010 detached price in the Fenland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

6 REED CLOSE Sold Prices

Land registry data shows two sales for 6 REED CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 6 REED CLOSE sales were for below 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
2010 6 OCT	£110,000	£168,258	35% below HPI
2006 20 OCT	£115,000	£181,088	36% below HPI

6 REED CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 6 REED CLOSE sales from October 2006 and October 2010 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 October 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2010 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 REED CLOSE?

6 REED CLOSE is 60m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 6 REED CLOSE lies on this distribution: 4% of detached houses are smaller than 6 REED CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

6 REED CLOSE: Plot and Title Map

6 REED CLOSE sits on a plot of roughly 0.040 of an acre, or 164m². The below map shows the location of 6 REED CLOSE, 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 6 REED CLOSE). 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 6 REED CLOSE?

6 REED CLOSE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 6 on REED CLOSE.