31A, WATER LANE, KINGS LANGLEY, WD4 8HP - £437,500

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

31A WATER LANE is a very small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £437,500 in November 2015, which was around 51% below the average November 2015 detached price in the Three Rivers local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

31A WATER LANE Sold Prices

Land registry data shows two sales for 31A 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 Three Rivers local authority area for the corresponding sale date. Both of the two 31A 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 20 NOV	£437,500	£895,745	51% below HPI
2007 26 JUL	£325,000	£595,838	45% below HPI

31A WATER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The two 31A WATER LANE sales from July 2007 and November 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 July 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2015 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 31A WATER LANE?

31A WATER LANE is 102m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Kings Langley, based on EPC data. The below chart shows the distribution of detached houses by size in Kings Langley, and where 31A WATER LANE lies on this distribution: 18% of detached houses are smaller than 31A WATER LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Kings Langley.

31A WATER LANE: Plot and Title Map

31A WATER LANE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 31A 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 31A 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 31A WATER LANE?

31A WATER LANE is located in KINGS LANGLEY, in the WD4 postcode district. The below map shows the position of No. 31A on WATER LANE.