34, WATER LANE, CASTLE BYTHAM, GRANTHAM, NG33 4RT - £245,000

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

34 WATER LANE is a small semi-detached house of 108m², built sometime before 1900. It was last sold for £245,000 in March 2013, which was around 14% above the average March 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was A.

34 WATER LANE Sold Prices

Land registry data shows four sales for 34 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. Most of the four 34 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
2013 6 MAR	£245,000	£215,184	14% above HPI
2008 12 DEC	£142,500	£215,335	34% below HPI
2002 18 OCT	£109,950	£155,618	29% below HPI
1997 31 OCT	£65,000	£80,878	20% below HPI

34 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 34 WATER LANE sales between October 1997 and March 2013 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 December 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2013 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 34 WATER LANE?

34 WATER LANE is 108m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% 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 34 WATER LANE lies on this distribution: 27% of detached houses are smaller than 34 WATER LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Castle Bytham.

34 WATER LANE: Plot and Title Map

34 WATER LANE sits on a plot of roughly 0.237 of an acre, or 959m². The below map shows the location of 34 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 34 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 34 WATER LANE?

34 WATER LANE is located in CASTLE BYTHAM, in the NG33 postcode district. The below map shows the position of No. 34 on WATER LANE.