8, TEAL CLOSE, CHATTERIS, PE16 6PR - £290,000

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

8 TEAL CLOSE is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £290,000 in August 2023, which was around 7% below the average August 2023 detached price in the Fenland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

8 TEAL CLOSE Sold Prices

Land registry data shows two sales for 8 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 8 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
2023 11 AUG	£290,000	£312,047	7% below HPI
1996 23 SEP	£54,000	£56,406	4% below HPI

8 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 8 TEAL CLOSE sales from September 1996 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 September 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 TEAL CLOSE?

8 TEAL CLOSE is 87m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 8 TEAL CLOSE lies on this distribution: 27% of detached houses are smaller than 8 TEAL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

8 TEAL CLOSE: Plot and Title Map

8 TEAL CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 8 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 8 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 8 TEAL CLOSE?

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