# 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)
- ![Photo](/listings/photos/169452974/262855)
- ![Photo](/listings/photos/169452974/262856)
- ![Photo](/listings/photos/169452974/262857)
- ![Photo](/listings/photos/169452974/262858)
- ![Photo](/listings/photos/169452974/262859)
- ![Photo](/listings/photos/169452974/262860)
- ![Photo](/listings/photos/169452974/262861)
- ![Photo](/listings/photos/169452974/262862)
- ![Photo](/listings/photos/169452974/262863)
- ![Photo](/listings/photos/169452974/262864)
- ![Photo](/listings/photos/169452974/262865)
- ![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 |
|---------|-------|------|------|
| 6 PORTERS YARD, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6NS | £640,000 | 19/12/2025 | Detached |
| 34 GULL WAY, CHATTERIS, FENLAND, CAMBRIDGESHIRE, PE16 6DT | £295,000 | 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)
