3, HINCHINGBROOKE DRIVE, CHATTERIS, PE16 6EW - £225,000

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.

3 HINCHINGBROOKE DRIVE is a small extended detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £310,125. It was last sold for £225,000 in August 2016, which was around 1% below the average August 2016 detached price in the Fenland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

3 HINCHINGBROOKE DRIVE Sold Prices

Land registry data shows three sales for 3 HINCHINGBROOKE DRIVE 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. One of the three 3 HINCHINGBROOKE DRIVE sales was for below the average price, whilst two 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
2016 18 AUG	£225,000	£228,374	1% below HPI
1997 7 NOV	£74,000	£62,053	19% above HPI
1996 13 MAR	£64,000	£54,764	17% above HPI

3 HINCHINGBROOKE DRIVE 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 3 HINCHINGBROOKE DRIVE sales between March 1996 and August 2016 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 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 HINCHINGBROOKE DRIVE be worth now?

3 HINCHINGBROOKE DRIVE might now be worth an estimated £310,125.

This is based on house price inflation of 37.8%, between August 2016 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 37.8% inflationary increase is applied to the most recent sale price for 3 HINCHINGBROOKE DRIVE of £225,000 on 18th August 2016. For the value to have increased from £225,000 to £310,125 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 3 HINCHINGBROOKE DRIVE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HINCHINGBROOKE DRIVE has not materially changed since August 2016.

How Large is 3 HINCHINGBROOKE DRIVE?

3 HINCHINGBROOKE DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 3 HINCHINGBROOKE DRIVE lies on this distribution: 28% of detached houses houses are smaller than 3 HINCHINGBROOKE DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

3 HINCHINGBROOKE DRIVE: Plot and Title Map

3 HINCHINGBROOKE DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 3 HINCHINGBROOKE DRIVE, 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 3 HINCHINGBROOKE DRIVE). 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 3 HINCHINGBROOKE DRIVE?

3 HINCHINGBROOKE DRIVE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 3 on HINCHINGBROOKE DRIVE.