16, RAILWAY LANE, CHATTERIS, PE16 6NF - £245,000

16 RAILWAY LANE is a large extended semi-detached house of 150m², built sometime between 1900 and 1929. It was last sold for £245,000 in July 2016, which was around 11% above the average July 2016 detached price in the Fenland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

16 RAILWAY LANE Sold Prices

Land registry data shows three sales for 16 RAILWAY LANE 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. Two of the three 16 RAILWAY LANE sales were for above the average price, whilst one was 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
2016 15 JUL	£245,000	£220,883	11% above HPI
2013 20 FEB	£142,000	£165,095	14% below HPI
1995 7 JUL	£60,000	£57,527	4% above HPI

16 RAILWAY LANE 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 16 RAILWAY LANE sales between July 1995 and July 2016 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 February 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2016 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 16 RAILWAY LANE?

16 RAILWAY LANE is 150m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 16 RAILWAY LANE lies on this distribution: 79% of detached houses are smaller than 16 RAILWAY LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

16 RAILWAY LANE: Plot and Title Map

16 RAILWAY LANE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 16 RAILWAY LANE, 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 16 RAILWAY LANE). 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 16 RAILWAY LANE?

16 RAILWAY LANE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 16 on RAILWAY LANE.