49, GULL WAY, CHATTERIS, PE16 6DT - £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.

49 GULL WAY is a small detached house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £298,072. It was last sold for £225,000 in March 2017, which was around 5% below the average March 2017 detached price in the Fenland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

49 GULL WAY Sold Prices

Land registry data shows three sales for 49 GULL 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 49 GULL WAY 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
2017 29 MAR	£225,000	£237,608	5% below HPI
2012 4 DEC	£160,000	£171,373	7% below HPI
2004 6 JUL	£152,995	£169,046	9% below HPI

49 GULL 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 49 GULL WAY sales between July 2004 and March 2017 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 December 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 49 GULL WAY be worth now?

49 GULL WAY might now be worth an estimated £298,072.

This is based on house price inflation of 32.5%, between March 2017 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 32.5% inflationary increase is applied to the most recent sale price for 49 GULL WAY of £225,000 on 29th March 2017. For the value to have increased from £225,000 to £298,072 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 49 GULL WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The March 2017 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 49 GULL WAY has not materially changed since March 2017.

How Large is 49 GULL WAY?

49 GULL WAY is 85m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% 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 49 GULL WAY lies on this distribution: 26% of detached houses houses are smaller than 49 GULL WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

49 GULL WAY: Plot and Title Map

49 GULL WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 49 GULL 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 49 GULL 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 49 GULL WAY?

49 GULL WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 49 on GULL WAY.