53, LODE WAY, CHATTERIS, PE16 6TN - £287,500

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

53 LODE WAY is a large detached house of 132m², built sometime between 2003 and 2006. It was last sold for £287,500 in June 2024, which was around 6% below the average June 2024 detached price in the Fenland local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

53 LODE WAY Sold Prices

Land registry data shows five sales for 53 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 53 LODE WAY 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
2024 21 JUN	£287,500	£304,637	6% below HPI
2017 20 OCT	£207,500	£241,895	14% below HPI
1999 30 APR	£66,000	£68,704	4% below HPI
1998 5 JUN	£66,000	£67,453	2% below HPI
1996 20 DEC	£56,000	£55,783	Close to HPI

53 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 53 LODE WAY sales between December 1996 and June 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 October 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 53 LODE WAY?

53 LODE WAY is 132m² according to the EPC inspection conducted in February 2024. This puts it in the largest 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 53 LODE WAY lies on this distribution: 68% of detached houses are smaller than 53 LODE WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

53 LODE WAY: Plot and Title Map

53 LODE WAY sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 53 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 53 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 53 LODE WAY?

53 LODE WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 53 on LODE WAY.