5, TEAL CLOSE, CHATTERIS, PE16 6PR - £265,000

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.

5 TEAL CLOSE is a midsized detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £254,299. It was last sold for £265,000 in October 2022, which was around 19% below the average October 2022 detached price in the Fenland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

5 TEAL CLOSE Sold Prices

Land registry data shows two sales for 5 TEAL CLOSE 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 TEAL CLOSE 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
2022 25 OCT	£265,000	£328,021	19% below HPI
2003 14 NOV	£138,000	£157,794	13% below HPI

5 TEAL CLOSE 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 TEAL CLOSE sales from November 2003 and October 2022 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 November 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 TEAL CLOSE be worth now?

5 TEAL CLOSE might now be worth an estimated £254,299.

This is based on house price deflation of 4%, between October 2022 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 4% deflationary decrease is applied to the most recent sale price for 5 TEAL CLOSE of £265,000 on 25th October 2022. For the value to have decreased from £265,000 to £254,299 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 TEAL CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The October 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TEAL CLOSE has not materially changed since October 2022.

How Large is 5 TEAL CLOSE?

5 TEAL CLOSE is 104m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 TEAL CLOSE lies on this distribution: 45% of detached houses houses are smaller than 5 TEAL CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

5 TEAL CLOSE: Plot and Title Map

5 TEAL CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 5 TEAL CLOSE, 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 TEAL CLOSE). 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 TEAL CLOSE?

5 TEAL CLOSE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 5 on TEAL CLOSE.