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
16 WESLEY DRIVE is a midsized extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £178,000 in February 2014, which was about the average February 2014 detached price in the Fenland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 16 WESLEY DRIVE since 1st 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. The three 16 WESLEY DRIVE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2014 13 FEB | £178,000 | £178,136 | Close to HPI |
2006 2 JUN | £152,500 | £178,196 | 14% below HPI |
2005 30 AUG | £114,000 | £180,015 | 37% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 16 WESLEY DRIVE sales between August 2005 and February 2014 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 June 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
16 WESLEY DRIVE is 103m², which includes two extensions, according to the EPC inspection conducted in October 2013. 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 16 WESLEY DRIVE lies on this distribution: 44% of detached houses are smaller than 16 WESLEY DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Chatteris.
16 WESLEY DRIVE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 16 WESLEY DRIVE, 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 16 WESLEY DRIVE). 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.
16 WESLEY DRIVE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 16 on WESLEY DRIVE.