8, FAIRBAIRN WAY, CHATTERIS, PE16 6GX - £263,000

8 FAIRBAIRN WAY is a very large detached house of 173m², built sometime from 2007 onwards. It was last sold for £263,000 in December 2015, which was around 24% above the average December 2015 detached price in the Fenland local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was B.

8 FAIRBAIRN WAY Sold Prices

Land registry data shows three sales for 8 FAIRBAIRN 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 8 FAIRBAIRN 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
2015 11 DEC	£263,000	£211,563	24% above HPI
2009 18 DEC	£220,000	£168,883	30% above HPI
2008 30 JUN	£249,995	£190,466	31% above HPI

8 FAIRBAIRN 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 8 FAIRBAIRN WAY sales between June 2008 and December 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 December 2009 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 8 FAIRBAIRN WAY?

8 FAIRBAIRN WAY is 173m² according to the EPC inspection conducted in November 2009. This puts it in the largest 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 8 FAIRBAIRN WAY lies on this distribution: 88% of detached houses are smaller than 8 FAIRBAIRN WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

8 FAIRBAIRN WAY: Plot and Title Map

8 FAIRBAIRN WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 8 FAIRBAIRN 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 8 FAIRBAIRN 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 8 FAIRBAIRN WAY?

8 FAIRBAIRN WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 8 on FAIRBAIRN WAY.