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
2 CHURCH LANE is a very large detached house of 297m², built sometime before 1900. It was last sold for £465,000 in May 2024, which was around 53% above the average May 2024 detached price in the Fenland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 2 CHURCH LANE since 1st 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 2 CHURCH LANE sales were for 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 |
---|---|---|---|
2024 8 MAY | £465,000 | £303,617 | 53% above HPI |
2012 13 AUG | £285,000 | £173,455 | 64% above HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 2 CHURCH LANE sales from August 2012 and May 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 August 2012 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the May 2024 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.
2 CHURCH LANE is 297m² according to the EPC inspection conducted in April 2023. This puts it in the largest 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 2 CHURCH LANE lies on this distribution: 98% of detached houses are smaller than 2 CHURCH LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Chatteris.
2 CHURCH LANE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 2 CHURCH LANE, 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 2 CHURCH LANE). 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.
2 CHURCH LANE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 2 on CHURCH LANE.