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

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

4 ELDER PLACE is a large extended detached house of 122m², built sometime between 2003 and 2006. It was last sold for £284,000 in December 2018, which was around 11% 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	£255,598	11% above HPI
2014 3 SEP	£235,000	£189,662	24% above HPI
2008 5 MAR	£227,000	£189,982	19% above HPI
2004 13 MAY	£184,995	£156,727	18% 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 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

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 in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 4 ELDER PLACE lies on this distribution: 63% of detached 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.