18, THE ORCHARDS, CHATTERIS, PE16 6BX - £298,500

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

18 THE ORCHARDS is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £298,500 in June 2024, which was around 2% below the average June 2024 detached price in the Fenland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

18 THE ORCHARDS Sold Prices

Land registry data shows three sales for 18 THE ORCHARDS 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 18 THE ORCHARDS 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
2024 21 JUN	£298,500	£304,637	2% below HPI
2023 17 FEB	£218,500	£316,404	31% below HPI
1996 27 AUG	£49,000	£55,519	12% below HPI

18 THE ORCHARDS 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 18 THE ORCHARDS sales between August 1996 and June 2024 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 2023 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 18 THE ORCHARDS?

18 THE ORCHARDS is 69m² according to the EPC inspection conducted in September 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 18 THE ORCHARDS lies on this distribution: 7% of detached houses are smaller than 18 THE ORCHARDS, and 93% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

18 THE ORCHARDS: Plot and Title Map

18 THE ORCHARDS sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 18 THE ORCHARDS, 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 18 THE ORCHARDS). 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 18 THE ORCHARDS?

18 THE ORCHARDS is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 18 on THE ORCHARDS.