21, LODE WAY, CHATTERIS, PE16 6TN - £175,000

21 LODE WAY is a very small detached house of 44m², built sometime between 1991 and 1995. It was last sold for £175,000 in December 2019, which was around 31% below the average December 2019 detached price in the Fenland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

21 LODE WAY Sold Prices

Land registry data shows three sales for 21 LODE 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 21 LODE WAY 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
2019 2 DEC	£175,000	£254,753	31% below HPI
2014 24 JUL	£147,000	£187,412	22% below HPI
2007 16 FEB	£126,000	£186,131	32% below HPI

21 LODE 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 21 LODE WAY sales between February 2007 and December 2019 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 July 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 21 LODE WAY?

21 LODE WAY is 44m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 21 LODE WAY lies on this distribution: Less than 1% of detached houses are smaller than 21 LODE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

21 LODE WAY: Plot and Title Map

21 LODE WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 21 LODE 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 21 LODE 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 21 LODE WAY?

21 LODE WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 21 on LODE WAY.