29, LODE WAY, CHATTERIS, PE16 6TN - £173,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

29 LODE WAY is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £309,685. It was last sold for £173,500 in November 2010, which was about the average November 2010 detached price in the Fenland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

29 LODE WAY Sold Prices

Land registry data shows five sales for 29 LODE WAY 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. The five 29 LODE WAY sales were a mix of roughly equal to the average price, and 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
2010 17 NOV	£173,500	£173,308	Close to HPI
2005 2 FEB	£155,000	£175,954	12% below HPI
2001 25 JUL	£95,000	£97,461	3% below HPI
1999 8 FEB	£67,500	£70,609	4% below HPI
1996 25 JUL	£50,000	£57,806	14% below HPI

29 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 five 29 LODE WAY sales between July 1996 and November 2010 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 February 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2010 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 29 LODE WAY be worth now?

29 LODE WAY might now be worth an estimated £309,685.

This is based on house price inflation of 78.5%, between November 2010 and December 2024, for 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 78.5% inflationary increase is applied to the most recent sale price for 29 LODE WAY of £173,500 on 17th November 2010. For the value to have increased from £173,500 to £309,685 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 29 LODE WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The November 2010 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 29 LODE WAY has not materially changed since November 2010.

How Large is 29 LODE WAY?

29 LODE WAY is 69m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatteris, and where 29 LODE WAY lies on this distribution: 7% of detached houses houses are smaller than 29 LODE WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

29 LODE WAY: Plot and Title Map

29 LODE WAY sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 29 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 29 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 29 LODE WAY?

29 LODE WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 29 on LODE WAY.