4, FAIRVIEW AVENUE, CHATTERIS, PE16 6QW - £178,500

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 FAIRVIEW AVENUE is a very small extended detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £228,011. It was last sold for £178,500 in July 2017, which was around 28% below the average July 2017 detached price in the Fenland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

4 FAIRVIEW AVENUE Sold Prices

Land registry data shows three sales for 4 FAIRVIEW AVENUE 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 4 FAIRVIEW AVENUE 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
2017 17 JUL	£178,500	£246,424	28% below HPI
1998 30 SEP	£65,000	£70,178	7% below HPI
1997 24 JAN	£59,995	£56,074	7% above HPI

4 FAIRVIEW AVENUE 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 4 FAIRVIEW AVENUE sales between January 1997 and July 2017 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 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 FAIRVIEW AVENUE be worth now?

4 FAIRVIEW AVENUE might now be worth an estimated £228,011.

This is based on house price inflation of 27.7%, between July 2017 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 27.7% inflationary increase is applied to the most recent sale price for 4 FAIRVIEW AVENUE of £178,500 on 17th July 2017. For the value to have increased from £178,500 to £228,011 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 4 FAIRVIEW AVENUE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The July 2017 sale price of £178,500 represented a fair market value for the property.
• The size, condition, and specification of 4 FAIRVIEW AVENUE has not materially changed since July 2017.

How Large is 4 FAIRVIEW AVENUE?

4 FAIRVIEW AVENUE is 74m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% 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 FAIRVIEW AVENUE lies on this distribution: 12% of detached houses houses are smaller than 4 FAIRVIEW AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

4 FAIRVIEW AVENUE: Plot and Title Map

4 FAIRVIEW AVENUE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 4 FAIRVIEW AVENUE, 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 FAIRVIEW AVENUE). 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 FAIRVIEW AVENUE?

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