38, FARRIERS GATE, CHATTERIS, PE16 6AY - £207,500

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.

38 FARRIERS GATE is a midsized terraced house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £264,083. It was last sold for £207,500 in August 2019, which was around 60% above the average August 2019 terraced price in the Fenland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

38 FARRIERS GATE Sold Prices

Land registry data shows four sales for 38 FARRIERS GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Fenland local authority area for the corresponding sale date. All of the four 38 FARRIERS GATE 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
2019 23 AUG	£207,500	£129,591	60% above HPI
2016 15 APR	£190,000	£112,958	68% above HPI
2007 29 JUN	£173,000	£106,866	62% above HPI
2005 28 JUL	£159,950	£97,619	64% above HPI

38 FARRIERS GATE 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 four 38 FARRIERS GATE sales between July 2005 and August 2019 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 April 2016 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the August 2019 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 38 FARRIERS GATE be worth now?

38 FARRIERS GATE might now be worth an estimated £264,083.

This is based on house price inflation of 27.3%, between August 2019 and March 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 27.3% inflationary increase is applied to the most recent sale price for 38 FARRIERS GATE of £207,500 on 23rd August 2019. For the value to have increased from £207,500 to £264,083 over the seven years and five months to March 2026, the following assumptions must hold true:

• The value of 38 FARRIERS GATE has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The August 2019 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 38 FARRIERS GATE has not materially changed since August 2019.

How Large is 38 FARRIERS GATE?

38 FARRIERS GATE is 112m² according to the EPC inspection conducted in January 2016. This puts it in the largest 50% 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 38 FARRIERS GATE lies on this distribution: 53% of terraced houses houses are smaller than 38 FARRIERS GATE, and 46% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

38 FARRIERS GATE: Plot and Title Map

38 FARRIERS GATE sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 38 FARRIERS GATE, 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 38 FARRIERS GATE). 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 38 FARRIERS GATE?

38 FARRIERS GATE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 38 on FARRIERS GATE.