3, WATER LANE, ANCASTER, GRANTHAM, NG32 3QS - £212,500

3 WATER LANE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £212,500 in March 2020, which was around 31% below the average March 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

3 WATER LANE Sold Prices

Land registry data shows two sales for 3 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 Kesteven local authority area for the corresponding sale date. Both of the two 3 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
2020 20 MAR	£212,500	£306,879	31% below HPI
2017 18 MAY	£160,000	£276,172	42% below HPI

3 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 two 3 WATER LANE sales from May 2017 and March 2020 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 May 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 WATER LANE?

3 WATER LANE is 74m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Ancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Ancaster, and where 3 WATER LANE lies on this distribution: 11% of detached houses are smaller than 3 WATER LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ancaster.

3 WATER LANE: Plot and Title Map

3 WATER LANE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 3 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 3 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 3 WATER LANE?

3 WATER LANE is located in ANCASTER, in the NG32 postcode district. The below map shows the position of No. 3 on WATER LANE.