15, THE ELMS, CHATTERIS, PE16 6JN - £188,000

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.

15 THE ELMS is a very small semi-detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £207,318. It was last sold for £188,000 in October 2021, which was about the average October 2021 semi-detached price in the Fenland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

15 THE ELMS Sold Prices

Land registry data shows four sales for 15 THE ELMS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. The four 15 THE ELMS sales were a mix of roughly equal to the average price, and 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
2021 26 OCT	£188,000	£188,789	Close to HPI
2013 15 FEB	£120,000	£109,709	9% above HPI
2002 11 JAN	£78,500	£65,133	21% above HPI
1997 10 FEB	£43,000	£35,871	20% above HPI

15 THE ELMS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The four 15 THE ELMS sales between February 1997 and October 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 February 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 THE ELMS be worth now?

15 THE ELMS might now be worth an estimated £207,318.

This is based on house price inflation of 10.3%, between October 2021 and February 2025, for semi-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 10.3% inflationary increase is applied to the most recent sale price for 15 THE ELMS of £188,000 on 26th October 2021. For the value to have increased from £188,000 to £207,318 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 THE ELMS has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The October 2021 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE ELMS has not materially changed since October 2021.

How Large is 15 THE ELMS?

15 THE ELMS is 60m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of semi-detached houses houses in Chatteris, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatteris, and where 15 THE ELMS lies on this distribution: 4% of semi-detached houses houses are smaller than 15 THE ELMS, and 96% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

15 THE ELMS: Plot and Title Map

15 THE ELMS sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 15 THE ELMS, 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 15 THE ELMS). 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 15 THE ELMS?

15 THE ELMS is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 15 on THE ELMS.