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

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

47 TERN GARDENS is a very small detached house of 78m², built sometime from 2012 onwards. It was last sold for £235,000 in November 2021, which was around 20% 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	£292,213	20% below HPI
2021 14 JAN	£215,000	£266,870	19% below HPI
2015 28 OCT	£172,500	£203,930	15% below HPI
2013 8 APR	£125,000	£164,943	24% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 47 TERN GARDENS lies on this distribution: 16% of detached 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.