48B, VICTORIA STREET, CHATTERIS, PE16 6AP - £215,000

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

48B VICTORIA STREET is a very small extended detached house of 63m², built sometime before 1900. It was last sold for £215,000 in December 2023, which was around 29% below the average December 2023 detached price in the Fenland local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

48B VICTORIA STREET Sold Prices

Land registry data shows three sales for 48B VICTORIA STREET 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 48B VICTORIA STREET 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
2023 15 DEC	£215,000	£301,936	29% below HPI
2021 24 JUN	£200,000	£271,412	26% below HPI
2004 12 MAR	£135,000	£157,487	14% below HPI

48B VICTORIA STREET 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 48B VICTORIA STREET sales between March 2004 and December 2023 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 June 2021 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 48B VICTORIA STREET?

48B VICTORIA STREET is 63m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 48B VICTORIA STREET lies on this distribution: 5% of detached houses are smaller than 48B VICTORIA STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

48B VICTORIA STREET: Plot and Title Map

48B VICTORIA STREET sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 48B VICTORIA STREET, 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 48B VICTORIA STREET). 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 48B VICTORIA STREET?

48B VICTORIA STREET is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 48B on VICTORIA STREET.