11, RAILWAY LANE, CHATTERIS, PE16 6NF - £163,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 RAILWAY LANE is a very small semi-detached house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £198,523. It was last sold for £163,500 in September 2020, which was around 5% below the average September 2020 semi-detached price in the Fenland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

11 RAILWAY LANE Sold Prices

Land registry data shows three sales for 11 RAILWAY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. The three 11 RAILWAY LANE sales were a mix of below the average price, and roughly equal to 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 14 SEP	£163,500	£171,460	5% below HPI
2004 30 NOV	£115,000	£115,477	Close to HPI
2000 25 OCT	£54,950	£56,440	3% below HPI

11 RAILWAY LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The three 11 RAILWAY LANE sales between October 2000 and September 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 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 11 RAILWAY LANE be worth now?

11 RAILWAY LANE might now be worth an estimated £198,523.

This is based on house price inflation of 21.4%, between September 2020 and February 2025, for semi-detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.4% inflationary increase is applied to the most recent sale price for 11 RAILWAY LANE of £163,500 on 14th September 2020. For the value to have increased from £163,500 to £198,523 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 RAILWAY LANE has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The September 2020 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 11 RAILWAY LANE has not materially changed since September 2020.

How Large is 11 RAILWAY LANE?

11 RAILWAY LANE is 58m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of semi-detached houses houses in Chatteris, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatteris, and where 11 RAILWAY LANE lies on this distribution: 3% of semi-detached houses houses are smaller than 11 RAILWAY LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

11 RAILWAY LANE: Plot and Title Map

11 RAILWAY LANE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 11 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 11 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 11 RAILWAY LANE?

11 RAILWAY LANE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 11 on RAILWAY LANE.