8, MILLFIELD CLOSE, CHATTERIS, PE16 6SS - £275,000

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.

8 MILLFIELD CLOSE is a midsized semi-detached house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £276,859. It was last sold for £275,000 in August 2023, which was around 33% above the average August 2023 semi-detached price in the Fenland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

8 MILLFIELD CLOSE Sold Prices

Land registry data shows three sales for 8 MILLFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. Two of the three 8 MILLFIELD CLOSE sales were for above the average price, whilst one was 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
2023 22 AUG	£275,000	£206,790	33% above HPI
2021 14 DEC	£180,000	£194,974	8% below HPI
1999 24 SEP	£70,000	£46,354	51% above HPI

8 MILLFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The three 8 MILLFIELD CLOSE sales between September 1999 and August 2023 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 2021 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2023 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 8 MILLFIELD CLOSE be worth now?

8 MILLFIELD CLOSE might now be worth an estimated £276,859.

This is based on house price inflation of 0.7%, between August 2023 and February 2025, for semi-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 0.7% inflationary increase is applied to the most recent sale price for 8 MILLFIELD CLOSE of £275,000 on 22nd August 2023. For the value to have increased from £275,000 to £276,859 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 8 MILLFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The August 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MILLFIELD CLOSE has not materially changed since August 2023.

How Large is 8 MILLFIELD CLOSE?

8 MILLFIELD CLOSE is 112m² according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of semi-detached houses houses in Chatteris, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatteris, and where 8 MILLFIELD CLOSE lies on this distribution: 53% of semi-detached houses houses are smaller than 8 MILLFIELD CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

8 MILLFIELD CLOSE: Plot and Title Map

8 MILLFIELD CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 8 MILLFIELD 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 8 MILLFIELD 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 8 MILLFIELD CLOSE?

8 MILLFIELD CLOSE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 8 on MILLFIELD CLOSE.