3, RONALDS WAY, CHATTERIS, PE16 6LY - £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.

3 RONALDS WAY is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £245,498. It was last sold for £250,000 in June 2022, which was around 21% below the average June 2022 detached price in the Fenland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

3 RONALDS WAY Sold Prices

Land registry data shows three sales for 3 RONALDS 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. All of the three 3 RONALDS WAY 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 24 JUN	£250,000	£317,102	21% below HPI
2016 19 MAY	£210,000	£220,072	5% below HPI
1999 24 SEP	£72,000	£76,174	5% below HPI

3 RONALDS 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 3 RONALDS WAY sales between September 1999 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 May 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 RONALDS WAY be worth now?

3 RONALDS WAY might now be worth an estimated £245,498.

This is based on house price deflation of 1.8%, between June 2022 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 1.8% deflationary decrease is applied to the most recent sale price for 3 RONALDS WAY of £250,000 on 24th June 2022. For the value to have decreased from £250,000 to £245,498 over the three years to June 2025, the following assumptions must hold true:

• The value of 3 RONALDS WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RONALDS WAY has not materially changed since June 2022.

How Large is 3 RONALDS WAY?

3 RONALDS WAY is 72m² according to the EPC inspection conducted in August 2015. 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 3 RONALDS WAY lies on this distribution: 9% of detached houses houses are smaller than 3 RONALDS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

3 RONALDS WAY: Plot and Title Map

3 RONALDS WAY sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 3 RONALDS 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 3 RONALDS 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 3 RONALDS WAY?

3 RONALDS WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 3 on RONALDS WAY.