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PE16

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New builds in PE16: what they really sell for.

3 new-build homes sold in PE16 in the last 12 months, 2% of all sales. New detached homes sold for a median £323,750, 0.4% more than existing ones.

Chatteris, covering Chatteris North & Manea, Chatteris South, Doddington & Wimblington, Warboys, Doddington, Manea.

New homes sold

3

2% of sales, last 12 months

New-build premium

+0.4%

Detached homes

Resold, vs market

-1.7%

Market +0.1%

Energy bills

~£593/yr

30% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Fillenham WayPE16 6FW, PE16 6FX · detached, semi-detached · 18 sold · latest Sept 2025
£200k–£340k£3,163/m²
WheatfieldsPE16 6FY · detached, semi-detached · 7 sold · latest Jun 2025
£233k–£289k£2,957/m²
OatfieldsPE16 6GF · detached, semi-detached · 14 sold · latest Jun 2025
£217k–£485k£3,175/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+0.4%

New £324k · existing £323k

30 new-build sales

Semi-detached

+5.3%

New £233k · existing £221k

13 new-build sales

Resale

Do new builds in PE16 hold their value?

Bought new, resold

-1.7%

Local market, same years

+0.1%

Kept pace

2 of 9

Typically held 2.2 years

Homes in PE16 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£593/yr

Typical 93 m² home

Typical rating

EPC B

Solar panels

30%

of homes

Heat pumps

0%

of homes

From the energy certificates of 23 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in PE16?

Over the last two years, new detached homes in PE16 sold for a median £323,750 against £322,500 for existing ones, a difference of +0.4%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in PE16 hold their value?

9 homes in PE16 bought new and later resold changed by a median -1.7%, typically after 2.2 years. The local market moved +0.1% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in PE16?

Recent new-build sales recorded by Land Registry in PE16 include Fillenham Way, Wheatfields, Oatfields. New streets appear once the first homes complete.

How do I know if a new build in PE16 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers