2, SADDLERS WAY, CHATTERIS, PE16 6BL - £227,000

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 SADDLERS WAY is a midsized detached house of 117m², built sometime from 2007 onwards, which could now be worth an estimated £273,482. It was last sold for £227,000 in February 2019, which was around 12% below the average February 2019 detached price in the Fenland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

2 SADDLERS WAY Sold Prices

Land registry data shows three sales for 2 SADDLERS WAY 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. Two of the three 2 SADDLERS WAY sales were for below the average price, whilst one was 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
2019 22 FEB	£227,000	£258,467	12% below HPI
2012 29 FEB	£160,000	£177,539	10% below HPI
2004 30 APR	£169,950	£162,702	4% above HPI

2 SADDLERS WAY 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 2 SADDLERS WAY sales between April 2004 and February 2019 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 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 SADDLERS WAY be worth now?

2 SADDLERS WAY might now be worth an estimated £273,482.

This is based on house price inflation of 20.5%, between February 2019 and June 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 20.5% inflationary increase is applied to the most recent sale price for 2 SADDLERS WAY of £227,000 on 22nd February 2019. For the value to have increased from £227,000 to £273,482 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of 2 SADDLERS WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The February 2019 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SADDLERS WAY has not materially changed since February 2019.

How Large is 2 SADDLERS WAY?

2 SADDLERS WAY is 117m² according to the EPC inspection conducted in January 2019. 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 2 SADDLERS WAY lies on this distribution: 59% of detached houses houses are smaller than 2 SADDLERS WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

2 SADDLERS WAY: Plot and Title Map

2 SADDLERS WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 2 SADDLERS WAY, 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 SADDLERS WAY). 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 SADDLERS WAY?

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