3, JAMES GAGE CLOSE, CHATTERIS, PE16 6HF - £237,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 JAMES GAGE CLOSE is a small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £297,128. It was last sold for £237,500 in September 2019, which was around 6% below the average September 2019 detached price in the Fenland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

3 JAMES GAGE CLOSE Sold Prices

Land registry data shows two sales for 3 JAMES GAGE CLOSE 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 3 JAMES GAGE CLOSE 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
2019 27 SEP	£237,500	£251,606	6% below HPI
2017 8 SEP	£190,000	£247,058	23% below HPI

3 JAMES GAGE 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 two 3 JAMES GAGE CLOSE sales from September 2017 and September 2019 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 September 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 JAMES GAGE CLOSE be worth now?

3 JAMES GAGE CLOSE might now be worth an estimated £297,128.

This is based on house price inflation of 25.1%, between September 2019 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 25.1% inflationary increase is applied to the most recent sale price for 3 JAMES GAGE CLOSE of £237,500 on 27th September 2019. For the value to have increased from £237,500 to £297,128 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 JAMES GAGE CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2019 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 3 JAMES GAGE CLOSE has not materially changed since September 2019.

How Large is 3 JAMES GAGE CLOSE?

3 JAMES GAGE CLOSE is 91m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% 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 JAMES GAGE CLOSE lies on this distribution: 32% of detached houses houses are smaller than 3 JAMES GAGE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

3 JAMES GAGE CLOSE: Plot and Title Map

3 JAMES GAGE CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 3 JAMES GAGE 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 3 JAMES GAGE 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 3 JAMES GAGE CLOSE?

3 JAMES GAGE CLOSE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 3 on JAMES GAGE CLOSE.