4, LODE WAY, CHATTERIS, PE16 6TN - £164,000

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

4 LODE WAY is a small extended detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £273,627. It was last sold for £164,000 in October 2006, which was around 12% below the average October 2006 detached price in the Fenland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

4 LODE WAY Sold Prices

Land registry data shows two sales for 4 LODE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 4 LODE WAY 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
2006 17 OCT	£164,000	£185,406	12% below HPI
2004 28 MAY	£135,000	£160,464	16% below HPI

4 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 two 4 LODE WAY sales from May 2004 and October 2006 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 May 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2006 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 LODE WAY be worth now?

4 LODE WAY might now be worth an estimated £273,627.

This is based on house price inflation of 66.8%, between October 2006 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 66.8% inflationary increase is applied to the most recent sale price for 4 LODE WAY of £164,000 on 17th October 2006. For the value to have increased from £164,000 to £273,627 over the seventeen years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 LODE WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The October 2006 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LODE WAY has not materially changed since October 2006.

How Large is 4 LODE WAY?

4 LODE WAY is 87m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% 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 4 LODE WAY lies on this distribution: 27% of detached houses houses are smaller than 4 LODE WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

4 LODE WAY: Plot and Title Map

4 LODE WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 4 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 4 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 4 LODE WAY?

4 LODE WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 4 on LODE WAY.