THE OLD CHAPEL, NEW ROAD, CHATTERIS, PE16 6BJ - £610,000

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.

THE OLD CHAPEL is a very large detached house of 218m², built sometime before 1900, which could now be worth an estimated £581,709. It was last sold for £610,000 in December 2022, which was around 85% above the average December 2022 detached price in the Fenland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

THE OLD CHAPEL Sold Prices

Land registry data shows three sales for THE OLD CHAPEL 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. The three THE OLD CHAPEL sales were a mix of above the average price, and roughly equal to 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
2022 16 DEC	£610,000	£330,084	85% above HPI
2021 31 MAR	£270,000	£270,077	Close to HPI
2016 16 SEP	£240,000	£231,905	3% above HPI

THE OLD CHAPEL 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 THE OLD CHAPEL sales between September 2016 and December 2022 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 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2022 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might THE OLD CHAPEL be worth now?

THE OLD CHAPEL might now be worth an estimated £581,709.

This is based on house price deflation of 4.6%, between December 2022 and February 2025, for 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 4.6% deflationary decrease is applied to the most recent sale price for THE OLD CHAPEL of £610,000 on 16th December 2022. For the value to have decreased from £610,000 to £581,709 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of THE OLD CHAPEL has moved in line with the HPI for detached houses in the Fenland local authority area.
• The December 2022 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD CHAPEL has not materially changed since December 2022.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 218m² according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatteris, and where THE OLD CHAPEL lies on this distribution: 95% of detached houses houses are smaller than THE OLD CHAPEL, and 5% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of THE OLD CHAPEL, 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 THE OLD CHAPEL). 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 THE OLD CHAPEL?

THE OLD CHAPEL is located on NEW ROAD in CHATTERIS, in the PE16 postcode district. The below map shows the position of THE OLD CHAPEL on NEW ROAD.