24, MEADOW CLOSE, CHATTERIS, PE16 6PS - £104,500

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.

24 MEADOW CLOSE is a very small extended terraced house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £186,207. It was last sold for £104,500 in April 2011, which was around 16% above the average April 2011 terraced price in the Fenland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

24 MEADOW CLOSE Sold Prices

Land registry data shows five sales for 24 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 24 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
2011 1 APR	£104,500	£90,403	16% above HPI
2006 15 SEP	£111,500	£100,209	11% above HPI
2003 14 MAR	£81,995	£65,332	26% above HPI
2001 10 AUG	£54,500	£46,253	18% above HPI
2000 29 SEP	£47,995	£41,525	16% above HPI

24 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 24 MEADOW CLOSE sales between September 2000 and April 2011 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 September 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2011 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 24 MEADOW CLOSE be worth now?

24 MEADOW CLOSE might now be worth an estimated £186,207.

This is based on house price inflation of 78.2%, between April 2011 and May 2026, 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 78.2% inflationary increase is applied to the most recent sale price for 24 MEADOW CLOSE of £104,500 on 1st April 2011. For the value to have increased from £104,500 to £186,207 over the fourteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 24 MEADOW CLOSE has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The April 2011 sale price of £104,500 represented a fair market value for the property.
• The size, condition, and specification of 24 MEADOW CLOSE has not materially changed since April 2011.

How Large is 24 MEADOW CLOSE?

24 MEADOW CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in June 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 24 MEADOW CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 24 MEADOW CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

24 MEADOW CLOSE: Plot and Title Map

24 MEADOW CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 24 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 24 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 24 MEADOW CLOSE?

24 MEADOW CLOSE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 24 on MEADOW CLOSE.