4, WATER LANE, KINGS LANGLEY, WD4 8HN - £710,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 WATER LANE is a large extended detached house of 175m², built sometime between 1967 and 1975, which could now be worth an estimated £806,888. It was last sold for £710,000 in December 2015, which was around 28% below the average December 2015 detached price in the Three Rivers local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

4 WATER LANE Sold Prices

Land registry data shows five sales for 4 WATER LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the five 4 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 23 DEC	£710,000	£990,794	28% below HPI
2014 17 APR	£355,000	£761,988	53% below HPI
2004 30 JUN	£300,000	£518,356	42% below HPI
2001 19 DEC	£214,000	£422,023	49% below HPI
1999 6 OCT	£140,000	£321,875	57% below HPI

4 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 five 4 WATER LANE sales between October 1999 and December 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 April 2014 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the December 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 WATER LANE be worth now?

4 WATER LANE might now be worth an estimated £806,888.

This is based on house price inflation of 13.6%, between December 2015 and February 2025, for detached houses, in the Three Rivers local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for 4 WATER LANE of £710,000 on 23rd December 2015. For the value to have increased from £710,000 to £806,888 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 WATER LANE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The December 2015 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WATER LANE has not materially changed since December 2015.

How Large is 4 WATER LANE?

4 WATER LANE is 175m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses houses in Kings Langley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kings Langley, and where 4 WATER LANE lies on this distribution: 68% of detached houses houses are smaller than 4 WATER LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Kings Langley.

4 WATER LANE: Plot and Title Map

4 WATER LANE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 4 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 4 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 4 WATER LANE?

4 WATER LANE is located in KINGS LANGLEY, in the WD4 postcode district. The below map shows the position of No. 4 on WATER LANE.