2, TEAL CLOSE, CHATTERIS, PE16 6PR - £250,000

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 TEAL CLOSE is a midsized detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £292,266. It was last sold for £250,000 in April 2020, which was around 4% below the average April 2020 detached price in the Fenland local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

2 TEAL CLOSE Sold Prices

Land registry data shows five sales for 2 TEAL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 2 TEAL CLOSE 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
2020 17 APR	£250,000	£261,097	4% below HPI
2016 8 JUN	£193,000	£224,030	14% below HPI
2013 18 SEP	£150,000	£180,740	17% below HPI
2005 5 JAN	£145,000	£180,899	20% below HPI
2002 20 AUG	£104,995	£121,471	14% below HPI

2 TEAL CLOSE 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 five 2 TEAL CLOSE sales between August 2002 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 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 TEAL CLOSE be worth now?

2 TEAL CLOSE might now be worth an estimated £292,266.

This is based on house price inflation of 16.9%, between April 2020 and August 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 16.9% inflationary increase is applied to the most recent sale price for 2 TEAL CLOSE of £250,000 on 17th April 2020. For the value to have increased from £250,000 to £292,266 over the four years and eight months to August 2025, the following assumptions must hold true:

• The value of 2 TEAL CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The April 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TEAL CLOSE has not materially changed since April 2020.

How Large is 2 TEAL CLOSE?

2 TEAL CLOSE is 102m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 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 TEAL CLOSE lies on this distribution: 43% of detached houses houses are smaller than 2 TEAL CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

2 TEAL CLOSE: Plot and Title Map

2 TEAL CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 TEAL 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 TEAL 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 TEAL CLOSE?

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