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
86 NEW ROAD is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £307,500 in January 2021, which was around 15% above the average January 2021 detached price in the Fenland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 86 NEW ROAD 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 86 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 |
---|---|---|---|
2021 8 JAN | £307,500 | £266,870 | 15% above HPI |
2003 6 MAR | £166,950 | £136,135 | 23% above HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 86 NEW ROAD sales from March 2003 and January 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 March 2003 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
86 NEW ROAD is 118m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 86 NEW ROAD lies on this distribution: 59% of detached houses are smaller than 86 NEW ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Chatteris.
86 NEW ROAD sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 86 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 86 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.
86 NEW ROAD is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 86 on NEW ROAD.