14, WATER LANE, CASTLE BYTHAM, GRANTHAM, NG33 4RT - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 WATER LANE is a midsized extended detached house of 147m², built sometime before 1900. It was last sold for £600,000 in September 2023, which was around 58% above the average September 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

14 WATER LANE Sold Prices

Land registry data shows four sales for 14 WATER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 14 WATER LANE 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
2023 21 SEP	£600,000	£378,833	58% above HPI
2021 7 JAN	£535,000	£322,986	66% above HPI
2002 19 APR	£286,000	£132,625	116% above HPI
1999 3 SEP	£180,000	£94,775	90% above HPI

14 WATER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 14 WATER LANE sales between September 1999 and September 2023 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 January 2021 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the September 2023 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 14 WATER LANE?

14 WATER LANE is 147m², which includes three extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses in Castle Bytham, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Bytham, and where 14 WATER LANE lies on this distribution: 56% of detached houses are smaller than 14 WATER LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Castle Bytham.

14 WATER LANE: Plot and Title Map

14 WATER LANE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 14 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 14 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 14 WATER LANE?

14 WATER LANE is located in CASTLE BYTHAM, in the NG33 postcode district. The below map shows the position of No. 14 on WATER LANE.