7, HONEY LANE, CHATTERIS, PE16 6LG - £402,750

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

7 HONEY LANE is a very large detached house of 200m², built sometime between 2003 and 2006. It was last sold for £402,750 in November 2021, which was around 38% above the average November 2021 detached price in the Fenland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

7 HONEY LANE Sold Prices

Land registry data shows three sales for 7 HONEY LANE 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 7 HONEY LANE 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
2021 9 NOV	£402,750	£292,213	38% above HPI
2019 11 DEC	£350,000	£254,753	37% above HPI
2003 8 AUG	£202,500	£145,693	39% above HPI

7 HONEY LANE 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 7 HONEY LANE sales between August 2003 and November 2021 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 2019 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 7 HONEY LANE?

7 HONEY LANE is 200m² according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 7 HONEY LANE lies on this distribution: 93% of detached houses are smaller than 7 HONEY LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

7 HONEY LANE: Plot and Title Map

7 HONEY LANE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 7 HONEY LANE, 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 7 HONEY LANE). 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 7 HONEY LANE?

7 HONEY LANE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 7 on HONEY LANE.