48, TERN GARDENS, CHATTERIS, PE16 6DX - £225,000

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.

48 TERN GARDENS is a small detached house of 94m², which could now be worth an estimated £321,971. It was last sold for £225,000 in April 2016, which was around 2% above the average April 2016 detached price in the Fenland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was B, and the potential energy rating was B.

48 TERN GARDENS Sold Prices

Land registry data shows three sales for 48 TERN GARDENS 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. One of the three 48 TERN GARDENS sales was for above the average price, whilst two 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
2016 8 APR	£225,000	£219,971	2% above HPI
2015 8 APR	£195,000	£203,292	4% below HPI
2012 12 JUL	£135,000	£176,292	23% below HPI

48 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 three 48 TERN GARDENS sales between July 2012 and April 2016 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 April 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2016 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 48 TERN GARDENS be worth now?

48 TERN GARDENS might now be worth an estimated £321,971.

This is based on house price inflation of 43.1%, between April 2016 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 43.1% inflationary increase is applied to the most recent sale price for 48 TERN GARDENS of £225,000 on 8th April 2016. For the value to have increased from £225,000 to £321,971 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 48 TERN GARDENS has moved in line with the HPI for detached houses in the Fenland local authority area.
• The April 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 48 TERN GARDENS has not materially changed since April 2016.

How Large is 48 TERN GARDENS?

48 TERN GARDENS is 94m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 40% 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 48 TERN GARDENS lies on this distribution: 34% of detached houses houses are smaller than 48 TERN GARDENS, and 65% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

48 TERN GARDENS: Plot and Title Map

48 TERN GARDENS sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 48 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 48 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 48 TERN GARDENS?

48 TERN GARDENS is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 48 on TERN GARDENS.