Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
115 LONDON ROAD is a midsized extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £270,000 in July 2016, which was around 22% above the average July 2016 detached price in the Fenland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was B.
Land registry data shows four sales for 115 LONDON ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 115 LONDON ROAD sales were 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 |
---|---|---|---|
2016 29 JUL | £270,000 | £220,883 | 22% above HPI |
1999 14 DEC | £92,500 | £76,018 | 22% above HPI |
1996 19 JAN | £72,500 | £55,015 | 32% above HPI |
1995 5 MAY | £62,500 | £56,703 | 10% above HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The four 115 LONDON ROAD sales between May 1995 and July 2016 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 1999 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2016 sale, which was also at 22% above the HPI.
115 LONDON ROAD is 102m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 115 LONDON ROAD lies on this distribution: 43% of detached houses are smaller than 115 LONDON ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Chatteris.
115 LONDON ROAD sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 115 LONDON 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 115 LONDON 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.
115 LONDON ROAD is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 115 on LONDON ROAD.