1, RAILWAY LANE, CHATTERIS, PE16 6NE - £232,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 RAILWAY LANE is a large extended detached house of 137m², built sometime before 1900. It was last sold for £232,000 in December 2015, which was around 10% above the average December 2015 detached price in the Fenland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

1 RAILWAY LANE Sold Prices

Land registry data shows five sales for 1 RAILWAY LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Most of the five 1 RAILWAY LANE sales were for above 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
2015 10 DEC	£232,000	£211,563	10% above HPI
2014 23 APR	£186,000	£178,454	4% above HPI
2006 12 JUL	£200,000	£181,925	10% above HPI
2002 14 JUN	£120,000	£115,675	4% above HPI
1998 11 MAR	£60,000	£64,038	6% below HPI

1 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 five 1 RAILWAY LANE sales between March 1998 and December 2015 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 April 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2015 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1 RAILWAY LANE?

1 RAILWAY LANE is 137m², which includes one extension, according to the EPC inspection conducted in October 2013. 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 1 RAILWAY LANE lies on this distribution: 71% of detached houses are smaller than 1 RAILWAY LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

1 RAILWAY LANE: Plot and Title Map

1 RAILWAY LANE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 1 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 1 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 1 RAILWAY LANE?

1 RAILWAY LANE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 1 on RAILWAY LANE.