12, MARIAN WAY, CHATTERIS, PE16 6LZ - £260,000

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

12 MARIAN WAY is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £260,000 in June 2023, which was around 14% below the average June 2023 detached price in the Fenland local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

12 MARIAN WAY Sold Prices

Land registry data shows two sales for 12 MARIAN WAY 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 12 MARIAN WAY 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
2023 30 JUN	£260,000	£302,204	14% below HPI
2002 6 SEP	£114,000	£120,879	6% below HPI

12 MARIAN WAY 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 12 MARIAN WAY sales from September 2002 and June 2023 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 September 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 MARIAN WAY?

12 MARIAN WAY is 70m² according to the EPC inspection conducted in November 2022. 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 12 MARIAN WAY lies on this distribution: 8% of detached houses are smaller than 12 MARIAN WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

12 MARIAN WAY: Plot and Title Map

12 MARIAN WAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 12 MARIAN WAY, 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 12 MARIAN WAY). 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 12 MARIAN WAY?

12 MARIAN WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 12 on MARIAN WAY.