Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
62 NEW ROAD is a large extended semi-detached house of 129m², built sometime between 1996 and 2002. It was last sold for £270,000 in February 2017, which was around 17% above the average February 2017 detached price in the Fenland local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 62 NEW ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 62 NEW ROAD 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 |
---|---|---|---|
2017 14 FEB | £270,000 | £231,246 | 17% above HPI |
2012 3 AUG | £190,000 | £173,455 | 10% above HPI |
2007 15 AUG | £205,000 | £193,950 | 6% above HPI |
2003 11 JUL | £159,995 | £147,835 | 8% above HPI |
2002 20 SEP | £141,500 | £120,879 | 17% above HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The five 62 NEW ROAD sales between September 2002 and February 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 August 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
62 NEW ROAD is 129m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 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 62 NEW ROAD lies on this distribution: 67% of detached houses are smaller than 62 NEW ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Chatteris.
62 NEW ROAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 62 NEW ROAD, 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 62 NEW ROAD). 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.
62 NEW ROAD is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 62 on NEW ROAD.