5, OLD FORGE GARDENS, CHATTERIS, PE16 6QR - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 OLD FORGE GARDENS is a midsized detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £460,002. It was last sold for £375,000 in March 2020, which was around 46% above the average March 2020 detached price in the Fenland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

5 OLD FORGE GARDENS Sold Prices

Land registry data shows two sales for 5 OLD FORGE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 5 OLD FORGE GARDENS sales were for above 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
2020 19 MAR	£375,000	£256,609	46% above HPI
1999 21 JUL	£120,000	£72,543	65% above HPI

5 OLD FORGE 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 two 5 OLD FORGE GARDENS sales from July 1999 and March 2020 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 July 1999 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the March 2020 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 5 OLD FORGE GARDENS be worth now?

5 OLD FORGE GARDENS might now be worth an estimated £460,002.

This is based on house price inflation of 22.7%, between March 2020 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 22.7% inflationary increase is applied to the most recent sale price for 5 OLD FORGE GARDENS of £375,000 on 19th March 2020. For the value to have increased from £375,000 to £460,002 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 5 OLD FORGE GARDENS has moved in line with the HPI for detached houses in the Fenland local authority area.
• The March 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OLD FORGE GARDENS has not materially changed since March 2020.

How Large is 5 OLD FORGE GARDENS?

5 OLD FORGE GARDENS is 117m² according to the EPC inspection conducted in January 2020. This puts it in the largest 50% 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 5 OLD FORGE GARDENS lies on this distribution: 59% of detached houses houses are smaller than 5 OLD FORGE GARDENS, and 41% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

5 OLD FORGE GARDENS: Plot and Title Map

5 OLD FORGE GARDENS sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 5 OLD FORGE 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 5 OLD FORGE 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 5 OLD FORGE GARDENS?

5 OLD FORGE GARDENS is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 5 on OLD FORGE GARDENS.