16B, FAIRWAY, CHATTERIS, PE16 6ST - £175,000

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

16B FAIRWAY is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £175,000 in June 2017, which was around 26% below the average June 2017 detached price in the Fenland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

16B FAIRWAY Sold Prices

Land registry data shows three sales for 16B FAIRWAY 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. All of the three 16B FAIRWAY 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
2017 16 JUN	£175,000	£237,377	26% below HPI
2006 24 NOV	£140,000	£182,005	23% below HPI
1995 22 MAY	£53,950	£56,703	5% below HPI

16B FAIRWAY 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 16B FAIRWAY sales between May 1995 and June 2017 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 November 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 16B FAIRWAY?

16B FAIRWAY is 66m² according to the EPC inspection conducted in November 2011. 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 16B FAIRWAY lies on this distribution: 7% of detached houses are smaller than 16B FAIRWAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

16B FAIRWAY: Plot and Title Map

16B FAIRWAY sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 16B FAIRWAY, 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 16B FAIRWAY). 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 16B FAIRWAY?

16B FAIRWAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 16B on FAIRWAY.