4, ELDER PLACE, CHATTERIS, PE16 6HT - £284,000

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.

4 ELDER PLACE is a large extended detached house of 122m², built sometime between 2003 and 2006, which could now be worth an estimated £341,607. It was last sold for £284,000 in December 2018, which was around 9% above the average December 2018 detached price in the Fenland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

4 ELDER PLACE Sold Prices

Land registry data shows four sales for 4 ELDER PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 4 ELDER PLACE sales 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
2018 4 DEC	£284,000	£261,693	9% above HPI
2014 3 SEP	£235,000	£194,184	21% above HPI
2008 5 MAR	£227,000	£194,512	17% above HPI
2004 13 MAY	£184,995	£160,464	15% above HPI

4 ELDER PLACE 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 four 4 ELDER PLACE sales between May 2004 and December 2018 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 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 4 ELDER PLACE be worth now?

4 ELDER PLACE might now be worth an estimated £341,607.

This is based on house price inflation of 20.3%, between December 2018 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 20.3% inflationary increase is applied to the most recent sale price for 4 ELDER PLACE of £284,000 on 4th December 2018. For the value to have increased from £284,000 to £341,607 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 ELDER PLACE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The December 2018 sale price of £284,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELDER PLACE has not materially changed since December 2018.

How Large is 4 ELDER PLACE?

4 ELDER PLACE is 122m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 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 4 ELDER PLACE lies on this distribution: 63% of detached houses houses are smaller than 4 ELDER PLACE, and 37% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

4 ELDER PLACE: Plot and Title Map

4 ELDER PLACE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 4 ELDER PLACE, 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 4 ELDER PLACE). 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 4 ELDER PLACE?

4 ELDER PLACE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 4 on ELDER PLACE.