1, POUND ROAD, CHATTERIS, PE16 6RL - £182,500

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.

1 POUND ROAD is a midsized extended detached house of 111m², built sometime before 1900, which could now be worth an estimated £212,704. It was last sold for £182,500 in March 2021, which was around 32% below the average March 2021 detached price in the Fenland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

1 POUND ROAD Sold Prices

Land registry data shows two sales for 1 POUND 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 POUND 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 31 MAR	£182,500	£270,077	32% below HPI
2013 6 DEC	£125,000	£181,018	31% below HPI

1 POUND 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 POUND ROAD sales from December 2013 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 December 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 POUND ROAD be worth now?

1 POUND ROAD might now be worth an estimated £212,704.

This is based on house price inflation of 16.6%, between March 2021 and February 2025, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 1 POUND ROAD of £182,500 on 31st March 2021. For the value to have increased from £182,500 to £212,704 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 1 POUND ROAD has moved in line with the HPI for detached houses in the Fenland local authority area.
• The March 2021 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 1 POUND ROAD has not materially changed since March 2021.

How Large is 1 POUND ROAD?

1 POUND ROAD is 111m², which includes three extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatteris, and where 1 POUND ROAD lies on this distribution: 52% of detached houses houses are smaller than 1 POUND ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

1 POUND ROAD: Plot and Title Map

1 POUND ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 POUND 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 POUND 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 POUND ROAD?

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