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

2 TEAL CLOSE is a midsized detached house of 102m², built sometime between 1991 and 1995. It was last sold for £250,000 in April 2020, which was around 2% 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	£255,016	2% below HPI
2016 8 JUN	£193,000	£218,812	12% below HPI
2013 18 SEP	£150,000	£176,530	15% below HPI
2005 5 JAN	£145,000	£176,685	18% below HPI
2002 20 AUG	£104,995	£118,641	12% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

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 in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 2 TEAL CLOSE lies on this distribution: 43% of detached 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.