41, FAIRBAIRN WAY, CHATTERIS, PE16 6GY - £380,000

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

41 FAIRBAIRN WAY is a very large detached house of 180m², built sometime from 2007 onwards. It was last sold for £380,000 in June 2022, which was around 23% above the average June 2022 detached price in the Fenland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

41 FAIRBAIRN WAY Sold Prices

Land registry data shows three sales for 41 FAIRBAIRN WAY 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 41 FAIRBAIRN WAY 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
2022 21 JUN	£380,000	£309,716	23% above HPI
2018 25 MAY	£310,000	£249,153	24% above HPI
2010 28 MAY	£230,000	£169,816	35% above HPI

41 FAIRBAIRN WAY 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 41 FAIRBAIRN WAY sales between May 2010 and June 2022 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 May 2018 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2022 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 41 FAIRBAIRN WAY?

41 FAIRBAIRN WAY is 180m² according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 41 FAIRBAIRN WAY lies on this distribution: 89% of detached houses are smaller than 41 FAIRBAIRN WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

41 FAIRBAIRN WAY: Plot and Title Map

41 FAIRBAIRN WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 41 FAIRBAIRN WAY, 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 41 FAIRBAIRN WAY). 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 41 FAIRBAIRN WAY?

41 FAIRBAIRN WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 41 on FAIRBAIRN WAY.