118, WATER LANE, OAKINGTON, CAMBRIDGE, CB24 3AL - £382,500

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

118 WATER LANE is a midsized detached house of 109m², built sometime between 2003 and 2006. It was last sold for £382,500 in January 2015, which was around 11% below the average January 2015 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

118 WATER LANE Sold Prices

Land registry data shows three sales for 118 WATER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 118 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
2015 9 JAN	£382,500	£427,920	11% below HPI
2011 30 JUN	£320,000	£334,262	4% below HPI
2005 16 DEC	£245,000	£294,419	17% below HPI

118 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 three 118 WATER LANE sales between December 2005 and January 2015 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 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 118 WATER LANE?

118 WATER LANE is 109m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 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 118 WATER LANE lies on this distribution: 42% of detached houses are smaller than 118 WATER LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Oakington.

118 WATER LANE: Plot and Title Map

118 WATER LANE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 118 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 118 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 118 WATER LANE?

118 WATER LANE is located in OAKINGTON, in the CB24 postcode district. The below map shows the position of No. 118 on WATER LANE.