Sold Detached

2 LODE WAY

CHATTERIS, CAMBRIDGESHIRE PE16 6TN

2 beds 1 baths 94 m² Listed 18 Nov 2025 (-219d)

£125,000

Guide Price

Reduced on 18 Nov 2025

Save

# 2 bedroom detached house for sale (PE16 6TN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2 LODE WAY, CHATTERIS, CAMBRIDGESHIRE PE16 6TN |
| Price | £125,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £142,000 Jan 2026 |

## Description

For sale by auction on 9th December at 10:30.

Please note that the Auction will be a livestream auction via our website.

A Detached Two Bedroom Bungalow Presented in a Clean Decorative Order with Conservatory, Off Street Parking, Garage and Rear Garden

Ground Floor - Entrance Hall, Reception Room, Two Bedrooms, Kitchen, Bathroom/WC, Conservatory

Rear Garden

For further information including viewing times and legal packs, please visit our website.

## Property Photos

- ![Photo](/listings/photos/169452974/262854)
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- ![Photo](/listings/photos/169452974/262856)
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- ![Photo](/listings/photos/169452974/262859)
- ![Photo](/listings/photos/169452974/262860)
- ![Photo](/listings/photos/169452974/262861)
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- ![Photo](/listings/photos/169452974/262866)
- ![Photo](/listings/photos/169452974/262867)

## Floorplans

- ![Floorplan 1](/listings/photos/169452974/262868) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 LODE WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TN | £142,000 | 22/01/2026 | Detached |
| 2 LODE WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TN | £48,750 | 27/01/2000 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 34 GULL WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6DT | £295,000 | 19/12/2025 | Detached |
| 6 PORTERS YARD, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NS | £640,000 | 19/12/2025 | Detached |
| 48 BRIDGE STREET, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RN | £150,000 | 10/11/2025 | Detached |
| 9 HERONSHAW, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TR | £240,000 | 11/12/2023 | Detached |
| 32 LODE WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TN | £265,000 | 31/01/2023 | Detached |
| 8 BRIDGE STREET, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RF | £288,000 | 10/01/2023 | Detached |
| 8 RAVENSCROFT, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NW | £350,000 | 16/12/2022 | Detached |
| 7 SYCAMORE CRESCENT, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6PY | £285,000 | 18/11/2022 | Detached |
| 59 LODE WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TN | £330,000 | 07/11/2022 | Detached |
| 32A ANGOODS LANE, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RG | £300,000 | 04/11/2022 | Detached |
| 2 RAVENSCROFT, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NW | £380,000 | 09/09/2022 | Detached |
| 46 ANGOODS LANE, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RG | £315,000 | 24/06/2022 | Detached |
| 105 HIGH STREET, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NP | £360,000 | 24/06/2022 | Detached |
| 7 ANGOODS LANE, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RG | £245,000 | 16/06/2022 | Detached |
| 9 JOHNSON WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6FD | £420,000 | 30/05/2022 | Detached |
| 60 BRIDGE STREET, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RN | £140,000 | 20/05/2022 | Detached |
| 96 HIGH STREET, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NN | £210,000 | 13/05/2022 | Detached |
| 10 HERONSHAW, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TR | £260,000 | 08/04/2022 | Detached |
| 5 KINGFISHER CLOSE, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TP | £270,000 | 01/04/2022 | Detached |
| 2 RAVENSCROFT, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NW | £335,000 | 24/03/2022 | Detached |

**Area average:** £303,900 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £305,325 (20 Detached, PE16, 2024–2026)
- **Deviation:** -59.1%

## Rental Range

*ONS Price Index of Private Rents (Fenland). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £752/mo
- **Realistic:** £835/mo
- **Optimistic:** £919/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Peterborough (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £698/mo

## 1% Rule

- **Rent ratio:** 0.67% (weak for cashflow)
- **Max investor price (0.8%):** £104,375
- **Target investor price (1%):** £83,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 15.3%
- **10y growth:** 16.2%

## House Price Index (HM Land Registry)

*Official index for Fenland; Detached series; as of March 2026.*

- **1y growth (index):** 2.2%
- **5y growth (index):** 17.2%
- **10y growth (index):** 44.4%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Listing type

Auction

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Property details

Listing category

Auction

Tenure

FREEHOLD

Floor area

94 m²

Last sold

£142,000 Jan 2026

Local average

£305,325 (-59.1%)

Street crime

66 incidents within 1 mile (Apr 2026)

Key features

A Detached Two Bedroom Bungalow
Presented in a Clean Decorative Order but will Require Some Updating
Benefits from Conservatory and Single Garage
Rear Garden

Additional details

Parking: Yes
Garden: Yes
Listed property: No
Restrictions: No
Required access: No
Rights of way: No
Flooded in last 5 years: No
Flood defences: No

Description

For sale by auction on 9th December at 10:30.

Please note that the Auction will be a livestream auction via our website.

A Detached Two Bedroom Bungalow Presented in a Clean Decorative Order with Conservatory, Off Street Parking, Garage and Rear Garden

Ground Floor - Entrance Hall, Reception Room, Two Bedrooms, Kitchen, Bathroom/WC, Conservatory

Rear Garden

For further information including viewing times and legal packs, please visit our website.

Listed by

London

Probate.Auction LTD

Reference: 169452974

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

191% since 2000

Event	Date	Price	% change
Sold	22/01/2026 (5 months ago)	£142,000	+191.3%
Sold	27/01/2000 (26 years ago)	£48,750	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
34 GULL WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6DT	£295,000	19/12/2025	Detached
6 PORTERS YARD, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NS	£640,000	19/12/2025	Detached
48 BRIDGE STREET, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RN	£150,000	10/11/2025	Detached
9 HERONSHAW, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TR	£240,000	11/12/2023	Detached
32 LODE WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TN	£265,000	31/01/2023	Detached
8 BRIDGE STREET, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RF	£288,000	10/01/2023	Detached
8 RAVENSCROFT, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NW	£350,000	16/12/2022	Detached
7 SYCAMORE CRESCENT, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6PY	£285,000	18/11/2022	Detached
59 LODE WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TN	£330,000	07/11/2022	Detached
32A ANGOODS LANE, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RG	£300,000	04/11/2022	Detached
2 RAVENSCROFT, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NW	£380,000	09/09/2022	Detached
46 ANGOODS LANE, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RG	£315,000	24/06/2022	Detached
105 HIGH STREET, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NP	£360,000	24/06/2022	Detached
7 ANGOODS LANE, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RG	£245,000	16/06/2022	Detached
9 JOHNSON WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6FD	£420,000	30/05/2022	Detached
60 BRIDGE STREET, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6RN	£140,000	20/05/2022	Detached
96 HIGH STREET, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NN	£210,000	13/05/2022	Detached
10 HERONSHAW, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TR	£260,000	08/04/2022	Detached
5 KINGFISHER CLOSE, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6TP	£270,000	01/04/2022	Detached
2 RAVENSCROFT, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NW	£335,000	24/03/2022	Detached

Area average: £303,900 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 15.3%

10y growth 16.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Fenland. Series: Detached. As of March 2026.

1y (index) 2.2%

5y (index) 17.2%

10y (index) 44.4%

Rental Range

Estimated market rent for Fenland. Low = conservative, Realistic = average, Optimistic = best case.

Low £752/mo

Realistic £835/mo

Optimistic £919/mo

Based on Local Authority from postcode lookup → Fenland.

LHA (30th percentile) floor for Peterborough: £698/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PE16 6TN

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Dock Road	0.0 miles
Shop	Fensport	0.1 miles
Shop	Travis Perkins	0.2 miles
Hospital	Doddington Community Hospital	2.7 miles
Train station	Manea	6.1 miles
Hospital	Riverside Practice	6.4 miles
Train station	March	7.1 miles
University	Cambridge University Boathouse	11.0 miles

Street-level crime

Category	Count
Violence and sexual offences	23
Anti-social behaviour	14
Criminal damage and arson	9
Other theft	5
Public order	5
Shoplifting	5
Vehicle crime	3
Burglary	1
Other crime	1
Total incidents	66

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Kingsfield Primary School	Primary	0.4 miles	Good — 22 Sep 2022
Glebelands Primary Academy	Primary	0.6 miles	Good — 6 Jun 2014
Cromwell Community College	Other	0.8 miles	Good — 15 Oct 2023
Lionel Walden Primary School	Primary	2.6 miles	Good — 15 Nov 2017
Benwick Primary School	Primary	3.6 miles	Good — 25 Sep 2023

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.67%

Max investor price (0.8%) £104,375

Target investor price (1%) £83,500

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).