2, PALMERS WALK, CHATTERIS, PE16 6EY - £225,000

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.

2 PALMERS WALK is a very small detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £224,755. It was last sold for £225,000 in June 2022, which was around 29% below the average June 2022 detached price in the Fenland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

2 PALMERS WALK Sold Prices

Land registry data shows seven sales for 2 PALMERS WALK since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the seven 2 PALMERS WALK 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
2022 29 JUN	£225,000	£317,102	29% below HPI
2014 31 OCT	£141,000	£193,915	27% below HPI
2011 21 JAN	£106,000	£176,718	40% below HPI
2007 30 NOV	£149,000	£205,415	27% below HPI
2006 29 NOV	£123,000	£186,345	34% below HPI
2002 15 NOV	£86,000	£132,572	35% below HPI
2000 17 APR	£63,500	£81,155	22% below HPI

2 PALMERS WALK 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 seven 2 PALMERS WALK sales between April 2000 and June 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 October 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 PALMERS WALK be worth now?

2 PALMERS WALK might now be worth an estimated £224,755.

This is based on house price deflation of 0.1%, between June 2022 and March 2026, 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 0.1% deflationary decrease is applied to the most recent sale price for 2 PALMERS WALK of £225,000 on 29th June 2022. For the value to have decreased from £225,000 to £224,755 over the four years and three months to March 2026, the following assumptions must hold true:

• The value of 2 PALMERS WALK has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PALMERS WALK has not materially changed since June 2022.

How Large is 2 PALMERS WALK?

2 PALMERS WALK is 57m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 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 2 PALMERS WALK lies on this distribution: 2% of detached houses houses are smaller than 2 PALMERS WALK, and 98% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

2 PALMERS WALK: Plot and Title Map

2 PALMERS WALK sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 2 PALMERS WALK, 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 PALMERS WALK). 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 PALMERS WALK?

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