5, GULL WAY, CHATTERIS, PE16 6DT - £170,000

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.

5 GULL WAY is a very small terraced house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £172,881. It was last sold for £170,000 in February 2022, which was around 8% above the average February 2022 terraced price in the Fenland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was A.

5 GULL WAY Sold Prices

Land registry data shows three sales for 5 GULL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Fenland local authority area for the corresponding sale date. All of the three 5 GULL WAY 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
2022 3 FEB	£170,000	£157,398	8% above HPI
2021 7 MAY	£160,000	£141,031	13% above HPI
2018 8 FEB	£140,000	£128,351	9% above HPI

5 GULL WAY 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 three 5 GULL WAY sales between February 2018 and February 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 2021 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 5 GULL WAY be worth now?

5 GULL WAY might now be worth an estimated £172,881.

This is based on house price inflation of 1.7%, between February 2022 and June 2025, 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 1.7% inflationary increase is applied to the most recent sale price for 5 GULL WAY of £170,000 on 3rd February 2022. For the value to have increased from £170,000 to £172,881 over the two years and eight months to June 2025, the following assumptions must hold true:

• The value of 5 GULL WAY has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The February 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GULL WAY has not materially changed since February 2022.

How Large is 5 GULL WAY?

5 GULL WAY is 69m² according to the EPC inspection conducted in September 2013. 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 5 GULL WAY lies on this distribution: 7% of terraced houses houses are smaller than 5 GULL WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

5 GULL WAY: Plot and Title Map

5 GULL WAY sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 5 GULL 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 5 GULL 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 5 GULL WAY?

5 GULL WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 5 on GULL WAY.