1, KING EDWARD ROAD, CHATTERIS, PE16 6NG - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 KING EDWARD ROAD is a midsized detached house of 105m², built sometime between 1930 and 1949. It was last sold for £245,000 in March 2021, which was around 7% below the average March 2021 detached price in the Fenland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

1 KING EDWARD ROAD Sold Prices

Land registry data shows two sales for 1 KING EDWARD ROAD 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 1 KING EDWARD ROAD 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
2021 29 MAR	£245,000	£263,787	7% below HPI
2003 21 NOV	£140,000	£154,119	9% below HPI

1 KING EDWARD ROAD 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 1 KING EDWARD ROAD sales from November 2003 and March 2021 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 November 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 KING EDWARD ROAD?

1 KING EDWARD ROAD is 105m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 1 KING EDWARD ROAD lies on this distribution: 47% of detached houses are smaller than 1 KING EDWARD ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

1 KING EDWARD ROAD: Plot and Title Map

1 KING EDWARD ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 1 KING EDWARD ROAD, 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 1 KING EDWARD ROAD). 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 1 KING EDWARD ROAD?

1 KING EDWARD ROAD is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 1 on KING EDWARD ROAD.