38A, WOOD STREET, CHATTERIS, PE16 6LJ - £240,000

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.

38A WOOD STREET is a small detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £294,610. It was last sold for £240,000 in October 2019, which was around 6% below the average October 2019 detached price in the Fenland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

38A WOOD STREET Sold Prices

Land registry data shows three sales for 38A WOOD STREET 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. All of the three 38A WOOD STREET 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 4 OCT	£240,000	£256,427	6% below HPI
2016 19 JAN	£200,000	£220,765	9% below HPI
2005 24 NOV	£65,000	£179,480	64% below HPI

38A WOOD STREET 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 38A WOOD STREET sales between November 2005 and October 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 January 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 38A WOOD STREET be worth now?

38A WOOD STREET might now be worth an estimated £294,610.

This is based on house price inflation of 22.8%, between October 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 22.8% inflationary increase is applied to the most recent sale price for 38A WOOD STREET of £240,000 on 4th October 2019. For the value to have increased from £240,000 to £294,610 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 38A WOOD STREET has moved in line with the HPI for detached houses in the Fenland local authority area.
• The October 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 38A WOOD STREET has not materially changed since October 2019.

How Large is 38A WOOD STREET?

38A WOOD STREET is 82m² according to the EPC inspection conducted in April 2019. 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 38A WOOD STREET lies on this distribution: 21% of detached houses houses are smaller than 38A WOOD STREET, and 78% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

38A WOOD STREET: Plot and Title Map

38A WOOD STREET sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 38A WOOD STREET, 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 38A WOOD STREET). 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 38A WOOD STREET?

38A WOOD STREET is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 38A on WOOD STREET.