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 PALMERS WALK is a very small detached house of 57m², built sometime between 1996 and 2002. It was last sold for £225,000 in June 2022, which was around 27% below the average June 2022 detached price in the Fenland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows seven sales for 2 PALMERS WALK since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the seven 2 PALMERS WALK 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 |
---|---|---|---|
2022 29 JUN | £225,000 | £309,716 | 27% below HPI |
2014 31 OCT | £141,000 | £189,399 | 26% below HPI |
2011 21 JAN | £106,000 | £172,602 | 39% below HPI |
2007 30 NOV | £149,000 | £200,630 | 26% below HPI |
2006 29 NOV | £123,000 | £182,005 | 32% below HPI |
2002 15 NOV | £86,000 | £129,484 | 34% below HPI |
2000 17 APR | £63,500 | £79,265 | 20% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The seven 2 PALMERS WALK sales between April 2000 and June 2022 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 October 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
2 PALMERS WALK is 57m² according to the EPC inspection conducted in January 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 2 PALMERS WALK lies on this distribution: 2% of detached houses are smaller than 2 PALMERS WALK, and 98% of houses are larger. Note that EPC data is not available for all properties in Chatteris.
2 PALMERS WALK sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 2 PALMERS WALK, 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 PALMERS WALK). 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 PALMERS WALK is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 2 on PALMERS WALK.