14A, RAILWAY LANE, CHATTERIS, PE16 6NE - £222,000

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

14A RAILWAY LANE is a midsized extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £222,000 in November 2019, which was around 13% below the average November 2019 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.

14A RAILWAY LANE Sold Prices

Land registry data shows three sales for 14A RAILWAY LANE 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 14A RAILWAY LANE 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 8 NOV	£222,000	£254,813	13% below HPI
2003 10 JUL	£115,995	£147,835	22% below HPI
1999 23 JUL	£59,950	£70,853	15% below HPI

14A 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 three 14A RAILWAY LANE sales between July 1999 and November 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 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 14A RAILWAY LANE?

14A RAILWAY LANE is 100m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 14A RAILWAY LANE lies on this distribution: 40% of detached houses are smaller than 14A RAILWAY LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

14A RAILWAY LANE: Plot and Title Map

14A RAILWAY LANE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 14A 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 14A 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 14A RAILWAY LANE?

14A RAILWAY LANE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 14A on RAILWAY LANE.