114, WATER LANE, OAKINGTON, CAMBRIDGE, CB24 3AL - £322,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

114 WATER LANE is a midsized detached house of 119m², built sometime between 1991 and 1995. It was last sold for £322,000 in March 2013, which was around 11% below the average March 2013 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

114 WATER LANE Sold Prices

Land registry data shows two sales for 114 WATER LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Both of the two 114 WATER LANE 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
2013 8 MAR	£322,000	£360,615	11% below HPI
2005 19 AUG	£249,995	£291,757	14% below HPI

114 WATER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two 114 WATER LANE sales from August 2005 and March 2013 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 August 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 114 WATER LANE?

114 WATER LANE is 119m² according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Oakington, based on EPC data. The below chart shows the distribution of detached houses by size in Oakington, and where 114 WATER LANE lies on this distribution: 55% of detached houses are smaller than 114 WATER LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Oakington.

114 WATER LANE: Plot and Title Map

114 WATER LANE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 114 WATER LANE, 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 114 WATER LANE). 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 114 WATER LANE?

114 WATER LANE is located in OAKINGTON, in the CB24 postcode district. The below map shows the position of No. 114 on WATER LANE.