26, WATER LANE, SOUTH WITHAM, GRANTHAM, NG33 5PH - £280,000

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

26 WATER LANE is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £280,000 in July 2006, which was around 25% above the average July 2006 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

26 WATER LANE Sold Prices

Land registry data shows three sales for 26 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 Kesteven local authority area for the corresponding sale date. All of the three 26 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
2006 25 JUL	£280,000	£224,890	25% above HPI
2000 20 SEP	£138,000	£107,836	28% above HPI
1996 20 DEC	£77,750	£73,190	6% above HPI

26 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 three 26 WATER LANE sales between December 1996 and July 2006 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 September 2000 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2006 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 26 WATER LANE?

26 WATER LANE is 69m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses by size in South Witham, and where 26 WATER LANE lies on this distribution: 6% of detached houses are smaller than 26 WATER LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in South Witham.

26 WATER LANE: Plot and Title Map

26 WATER LANE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 26 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 26 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 26 WATER LANE?

26 WATER LANE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 26 on WATER LANE.