114, NEW ROAD, CHATTERIS, PE16 6DB - £280,000

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

114 NEW ROAD is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £280,000 in May 2024, which was around 8% below the average May 2024 detached price in the Fenland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.

114 NEW ROAD Sold Prices

Land registry data shows three sales for 114 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Two of the three 114 NEW ROAD sales were for below the average price, whilst one was for above 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
2024 8 MAY	£280,000	£303,617	8% below HPI
2006 24 FEB	£180,000	£178,498	1% above HPI
2004 27 AUG	£142,500	£170,656	16% below HPI

114 NEW 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 three 114 NEW ROAD sales between August 2004 and May 2024 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 February 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 114 NEW ROAD?

114 NEW ROAD is 127m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 114 NEW ROAD lies on this distribution: 66% of detached houses are smaller than 114 NEW ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

114 NEW ROAD: Plot and Title Map

114 NEW ROAD sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 114 NEW 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 114 NEW 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 114 NEW ROAD?

114 NEW ROAD is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 114 on NEW ROAD.