40, LODE WAY, CHATTERIS, PE16 6TN - £133,000

40 LODE WAY is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £133,000 in October 2013, which was around 25% below the average October 2013 detached price in the Fenland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

40 LODE WAY Sold Prices

Land registry data shows two sales for 40 LODE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 40 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
2013 11 OCT	£133,000	£176,829	25% below HPI
1995 17 MAR	£53,000	£56,316	6% below HPI

40 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 two 40 LODE WAY sales from March 1995 and October 2013 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 March 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 LODE WAY?

40 LODE WAY is 69m² according to the EPC inspection conducted in April 2013. 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 40 LODE WAY lies on this distribution: 7% of detached houses are smaller than 40 LODE WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

40 LODE WAY: Plot and Title Map

40 LODE WAY sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 40 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 40 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 40 LODE WAY?

40 LODE WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 40 on LODE WAY.