WATERSMEET, HUNTINGDON ROAD, CHATTERIS, PE16 6EA - £245,000

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.

WATERSMEET is a midsized extended detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £312,956. It was last sold for £245,000 in July 2017, which was around 1% below the average July 2017 detached price in the Fenland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

WATERSMEET Sold Prices

Land registry data shows four sales for WATERSMEET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four WATERSMEET 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
2017 31 JUL	£245,000	£246,424	1% below HPI
2017 15 FEB	£230,000	£236,761	3% below HPI
2011 1 NOV	£165,000	£174,193	5% below HPI
2003 20 AUG	£122,500	£149,168	18% below HPI

WATERSMEET 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 four WATERSMEET sales between August 2003 and July 2017 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 February 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might WATERSMEET be worth now?

WATERSMEET might now be worth an estimated £312,956.

This is based on house price inflation of 27.7%, between July 2017 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 27.7% inflationary increase is applied to the most recent sale price for WATERSMEET of £245,000 on 31st July 2017. For the value to have increased from £245,000 to £312,956 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of WATERSMEET has moved in line with the HPI for detached houses in the Fenland local authority area.
• The July 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of WATERSMEET has not materially changed since July 2017.

How Large is WATERSMEET?

WATERSMEET is 113m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 50% 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 WATERSMEET lies on this distribution: 54% of detached houses houses are smaller than WATERSMEET, and 46% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

WATERSMEET: Plot and Title Map

WATERSMEET sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of WATERSMEET, 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 WATERSMEET). 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 WATERSMEET?

WATERSMEET is located on HUNTINGDON ROAD in CHATTERIS, in the PE16 postcode district. The below map shows the position of WATERSMEET on HUNTINGDON ROAD.