2, MILLFIELD CLOSE, CHATTERIS, PE16 6SS - £227,500

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

2 MILLFIELD CLOSE is a large detached house of 121m², built sometime between 1976 and 1982. It was last sold for £227,500 in October 2007, which was around 14% above the average October 2007 detached price in the Fenland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

2 MILLFIELD CLOSE Sold Prices

Land registry data shows four sales for 2 MILLFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. two of the four 2 MILLFIELD CLOSE sales were for above the average price, and four 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
2007 26 OCT	£227,500	£198,707	14% above HPI
2006 29 NOV	£199,995	£182,005	10% above HPI
2005 4 MAY	£155,000	£175,562	12% below HPI
1997 15 JUL	£56,500	£58,407	3% below HPI

2 MILLFIELD CLOSE 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 four 2 MILLFIELD CLOSE sales between July 1997 and October 2007 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2007 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 2 MILLFIELD CLOSE?

2 MILLFIELD CLOSE is 121m² according to the EPC inspection conducted in August 2023. This puts it in the largest 40% 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 MILLFIELD CLOSE lies on this distribution: 62% of detached houses are smaller than 2 MILLFIELD CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

2 MILLFIELD CLOSE: Plot and Title Map

2 MILLFIELD CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 2 MILLFIELD CLOSE, 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 MILLFIELD CLOSE). 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 2 MILLFIELD CLOSE?

2 MILLFIELD CLOSE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 2 on MILLFIELD CLOSE.