5, JAMES GAGE CLOSE, CHATTERIS, PE16 6HF - £225,000

5 JAMES GAGE CLOSE is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £225,000 in May 2023, which was around 27% below the average May 2023 detached price in the Fenland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

5 JAMES GAGE CLOSE Sold Prices

Land registry data shows three sales for 5 JAMES GAGE CLOSE 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 5 JAMES GAGE CLOSE 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
2023 5 MAY	£225,000	£307,499	27% below HPI
2006 24 OCT	£162,000	£181,088	11% below HPI
2005 28 SEP	£147,500	£176,641	16% below HPI

5 JAMES GAGE CLOSE 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 5 JAMES GAGE CLOSE sales between September 2005 and May 2023 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 October 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 JAMES GAGE CLOSE?

5 JAMES GAGE CLOSE is 75m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 5 JAMES GAGE CLOSE lies on this distribution: 12% of detached houses are smaller than 5 JAMES GAGE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

5 JAMES GAGE CLOSE: Plot and Title Map

5 JAMES GAGE CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 5 JAMES GAGE 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 5 JAMES GAGE 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 5 JAMES GAGE CLOSE?

5 JAMES GAGE CLOSE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 5 on JAMES GAGE CLOSE.