3, RAILWAY LANE, CHATTERIS, PE16 6NF - £173,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 RAILWAY LANE is a very small extended semi-detached house of 41m², built sometime before 1900. It was last sold for £173,000 in May 2024, which was around 41% below the average May 2024 detached price in the Fenland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

3 RAILWAY LANE Sold Prices

Land registry data shows six sales for 3 RAILWAY LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the six 3 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
2024 24 MAY	£173,000	£293,559	41% below HPI
2020 3 JUL	£150,000	£260,908	43% below HPI
2015 11 DEC	£115,000	£211,563	46% below HPI
2010 10 NOV	£105,500	£169,271	38% below HPI
2006 9 JUN	£101,000	£178,196	43% below HPI
1996 13 DEC	£15,000	£55,783	73% below HPI

3 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 six 3 RAILWAY LANE sales between December 1996 and May 2024 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 2020 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2024 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 RAILWAY LANE?

3 RAILWAY LANE is 41m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses by size in Chatteris, and where 3 RAILWAY LANE lies on this distribution: Less than 1% of detached houses are smaller than 3 RAILWAY LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

3 RAILWAY LANE: Plot and Title Map

3 RAILWAY LANE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 3 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 3 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 3 RAILWAY LANE?

3 RAILWAY LANE is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 3 on RAILWAY LANE.