38, MARRITT CLOSE, CHATTERIS, PE16 6PJ - £240,000

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

38 MARRITT CLOSE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £240,000 in June 2021, which was around 12% below the average June 2021 detached price in the Fenland local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

38 MARRITT CLOSE Sold Prices

Land registry data shows three sales for 38 MARRITT CLOSE 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. Two of the three 38 MARRITT CLOSE sales were for below the average price, whilst one was 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
2021 18 JUN	£240,000	£271,412	12% below HPI
2007 24 APR	£165,000	£193,262	15% below HPI
1996 10 OCT	£59,000	£56,337	5% above HPI

38 MARRITT 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 three 38 MARRITT CLOSE sales between October 1996 and June 2021 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 April 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 38 MARRITT CLOSE?

38 MARRITT CLOSE is 96m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 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 38 MARRITT CLOSE lies on this distribution: 36% of detached houses are smaller than 38 MARRITT CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

38 MARRITT CLOSE: Plot and Title Map

38 MARRITT CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 38 MARRITT 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 38 MARRITT 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 38 MARRITT CLOSE?

38 MARRITT CLOSE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 38 on MARRITT CLOSE.