62, LODE WAY, CHATTERIS, PE16 6TN - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 LODE WAY is a small semi-detached house of 96m², built sometime between 1991 and 1995, which could now be worth an estimated £204,010. It was last sold for £185,000 in October 2021, which was around 2% below the average October 2021 semi-detached price in the Fenland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

62 LODE WAY Sold Prices

Land registry data shows seven sales for 62 LODE WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. Most of the seven 62 LODE WAY sales were for above 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
2021 28 OCT	£185,000	£188,789	2% below HPI
2009 26 JUN	£145,000	£106,636	36% above HPI
2004 20 AUG	£148,995	£113,137	32% above HPI
2002 20 DEC	£112,500	£82,980	36% above HPI
2001 24 OCT	£82,500	£60,190	37% above HPI
1999 1 APR	£57,500	£43,351	33% above HPI
1996 1 JUL	£47,500	£36,069	32% above HPI

62 LODE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The seven 62 LODE WAY sales between July 1996 and October 2021 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 June 2009 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 62 LODE WAY be worth now?

62 LODE WAY might now be worth an estimated £204,010.

This is based on house price inflation of 10.3%, between October 2021 and February 2025, for semi-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 10.3% inflationary increase is applied to the most recent sale price for 62 LODE WAY of £185,000 on 28th October 2021. For the value to have increased from £185,000 to £204,010 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 62 LODE WAY has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The October 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 62 LODE WAY has not materially changed since October 2021.

How Large is 62 LODE WAY?

62 LODE WAY is 96m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of semi-detached houses houses in Chatteris, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatteris, and where 62 LODE WAY lies on this distribution: 36% of semi-detached houses houses are smaller than 62 LODE WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

62 LODE WAY: Plot and Title Map

62 LODE WAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 62 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 62 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 62 LODE WAY?

62 LODE WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 62 on LODE WAY.