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
61 THE ELMS is a small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £148,000 in October 2018, which was around 42% below the average October 2018 detached price in the Fenland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 61 THE ELMS since 1st 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 61 THE ELMS 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 |
---|---|---|---|
2018 2 OCT | £148,000 | £253,721 | 42% below HPI |
1999 19 FEB | £40,000 | £68,964 | 42% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 61 THE ELMS sales from February 1999 and October 2018 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 February 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2018 sale, which was also at 42% below the HPI.
61 THE ELMS is 95m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 61 THE ELMS lies on this distribution: 35% of detached houses are smaller than 61 THE ELMS, and 64% of houses are larger. Note that EPC data is not available for all properties in Chatteris.
61 THE ELMS sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 61 THE ELMS, 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 61 THE ELMS). 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.
61 THE ELMS is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 61 on THE ELMS.