2, MEADOW CLOSE, CHATTERIS, PE16 6PS - £137,500

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.

2 MEADOW CLOSE is a very small extended terraced house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £165,613. It was last sold for £137,500 in April 2020, which was around 3% above the average April 2020 terraced price in the Fenland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

2 MEADOW CLOSE Sold Prices

Land registry data shows five sales for 2 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Fenland local authority area for the corresponding sale date. All of the five 2 MEADOW CLOSE 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
2020 6 APR	£137,500	£132,894	3% above HPI
2005 27 JUN	£117,000	£96,908	21% above HPI
2003 30 OCT	£102,000	£73,568	39% above HPI
2003 10 MAR	£89,500	£65,332	37% above HPI
2000 20 APR	£45,500	£38,209	19% above HPI

2 MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fenland local authority area over time, sourced from the HPI. The five 2 MEADOW CLOSE sales between April 2000 and April 2020 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 June 2005 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 MEADOW CLOSE be worth now?

2 MEADOW CLOSE might now be worth an estimated £165,613.

This is based on house price inflation of 20.4%, between April 2020 and June 2025, for terraced 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 20.4% inflationary increase is applied to the most recent sale price for 2 MEADOW CLOSE of £137,500 on 6th April 2020. For the value to have increased from £137,500 to £165,613 over the four years and ten months to June 2025, the following assumptions must hold true:

• The value of 2 MEADOW CLOSE has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The April 2020 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOW CLOSE has not materially changed since April 2020.

How Large is 2 MEADOW CLOSE?

2 MEADOW CLOSE is 67m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of terraced houses houses in Chatteris, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chatteris, and where 2 MEADOW CLOSE lies on this distribution: 6% of terraced houses houses are smaller than 2 MEADOW CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

2 MEADOW CLOSE: Plot and Title Map

2 MEADOW CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 2 MEADOW 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 2 MEADOW 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 2 MEADOW CLOSE?

2 MEADOW CLOSE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 2 on MEADOW CLOSE.