28, LODE WAY, CHATTERIS, PE16 6TN - £275,000

28 LODE WAY is a midsized detached house of 104m², built sometime between 1991 and 1995. It was last sold for £275,000 in November 2020, which was around 6% above the average November 2020 detached price in the Fenland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

28 LODE WAY Sold Prices

Land registry data shows three sales for 28 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. Two of the three 28 LODE WAY 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
2020 27 NOV	£275,000	£260,356	6% above HPI
1996 8 NOV	£59,400	£56,431	5% above HPI
1995 10 APR	£55,000	£55,637	1% below HPI

28 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 28 LODE WAY sales between April 1995 and November 2020 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 November 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 28 LODE WAY?

28 LODE WAY is 104m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 28 LODE WAY lies on this distribution: 46% of detached houses are smaller than 28 LODE WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

28 LODE WAY: Plot and Title Map

28 LODE WAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 28 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 28 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 28 LODE WAY?

28 LODE WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 28 on LODE WAY.