1C, FAIRWAY, CHATTERIS, PE16 6ST - £275,000

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.

1C FAIRWAY is a small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £305,281. It was last sold for £275,000 in September 2021, which was around 3% below the average September 2021 detached price in the Fenland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

1C FAIRWAY Sold Prices

Land registry data shows two sales for 1C FAIRWAY 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 1C 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
2021 10 SEP	£275,000	£283,552	3% below HPI
2020 14 FEB	£217,000	£255,651	15% below HPI

1C 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 two 1C FAIRWAY sales from February 2020 and September 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 2020 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1C FAIRWAY be worth now?

1C FAIRWAY might now be worth an estimated £305,281.

This is based on house price inflation of 11%, between September 2021 and February 2025, for 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 11% inflationary increase is applied to the most recent sale price for 1C FAIRWAY of £275,000 on 10th September 2021. For the value to have increased from £275,000 to £305,281 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 1C FAIRWAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1C FAIRWAY has not materially changed since September 2021.

How Large is 1C FAIRWAY?

1C FAIRWAY is 83m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatteris, and where 1C FAIRWAY lies on this distribution: 22% of detached houses houses are smaller than 1C FAIRWAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

1C FAIRWAY: Plot and Title Map

1C FAIRWAY sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 1C 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 1C 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 1C FAIRWAY?

1C FAIRWAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 1C on FAIRWAY.