3, THE ORCHARDS, CHATTERIS, PE16 6BX - £238,000

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 THE ORCHARDS is a small detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £351,144. It was last sold for £238,000 in November 2015, which was around 11% above the average November 2015 detached price in the Fenland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

3 THE ORCHARDS Sold Prices

Land registry data shows two sales for 3 THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. One of the two 3 THE ORCHARDS sales was for above the average price, whilst the other was 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
2015 12 NOV	£238,000	£214,013	11% above HPI
2008 18 MAR	£192,000	£194,512	1% below HPI

3 THE ORCHARDS 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 two 3 THE ORCHARDS sales from March 2008 and November 2015 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 March 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2015 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 THE ORCHARDS be worth now?

3 THE ORCHARDS might now be worth an estimated £351,144.

This is based on house price inflation of 47.5%, between November 2015 and March 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 47.5% inflationary increase is applied to the most recent sale price for 3 THE ORCHARDS of £238,000 on 12th November 2015. For the value to have increased from £238,000 to £351,144 over the ten years and eight months to March 2025, the following assumptions must hold true:

• The value of 3 THE ORCHARDS has moved in line with the HPI for detached houses in the Fenland local authority area.
• The November 2015 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE ORCHARDS has not materially changed since November 2015.

How Large is 3 THE ORCHARDS?

3 THE ORCHARDS is 95m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% 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 THE ORCHARDS lies on this distribution: 35% of detached houses houses are smaller than 3 THE ORCHARDS, and 64% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

3 THE ORCHARDS: Plot and Title Map

3 THE ORCHARDS sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 3 THE ORCHARDS, 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 THE ORCHARDS). 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 THE ORCHARDS?

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