47, TERN GARDENS, CHATTERIS, PE16 6DX - £235,000

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.

47 TERN GARDENS is a very small detached house of 78m², built sometime from 2012 onwards, which could now be worth an estimated £247,249. It was last sold for £235,000 in November 2021, which was around 21% below the average November 2021 detached price in the Fenland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

47 TERN GARDENS Sold Prices

Land registry data shows four sales for 47 TERN GARDENS 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 47 TERN GARDENS 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
2021 23 NOV	£235,000	£299,181	21% below HPI
2021 14 JAN	£215,000	£273,234	21% below HPI
2015 28 OCT	£172,500	£208,793	17% below HPI
2013 8 APR	£125,000	£168,876	26% below HPI

47 TERN GARDENS 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 47 TERN GARDENS sales between April 2013 and November 2021 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 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2021 sale, which was also at 21% below the HPI.

What might 47 TERN GARDENS be worth now?

47 TERN GARDENS might now be worth an estimated £247,249.

This is based on house price inflation of 5.2%, between November 2021 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 5.2% inflationary increase is applied to the most recent sale price for 47 TERN GARDENS of £235,000 on 23rd November 2021. For the value to have increased from £235,000 to £247,249 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 47 TERN GARDENS has moved in line with the HPI for detached houses in the Fenland local authority area.
• The November 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 47 TERN GARDENS has not materially changed since November 2021.

How Large is 47 TERN GARDENS?

47 TERN GARDENS is 78m² according to the EPC inspection conducted in August 2021. 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 47 TERN GARDENS lies on this distribution: 16% of detached houses houses are smaller than 47 TERN GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

47 TERN GARDENS: Plot and Title Map

47 TERN GARDENS sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 47 TERN GARDENS, 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 47 TERN GARDENS). 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 47 TERN GARDENS?

47 TERN GARDENS is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 47 on TERN GARDENS.