4, WATER LANE, OAKINGTON, CAMBRIDGE, CB24 3AL - £365,000

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

4 WATER LANE is a small detached house of 86m², built in 2020. It was last sold for £365,000 in May 2022, which was around 37% below the average May 2022 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

4 WATER LANE Sold Prices

Land registry data shows two sales for 4 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 Cambridgeshire local authority area for the corresponding sale date. Both of the two 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
2022 31 MAY	£365,000	£575,621	37% below HPI
2020 12 NOV	£520,000	£529,436	2% below HPI

4 WATER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two 4 WATER LANE sales from November 2020 and May 2022 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 November 2020 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 4 WATER LANE?

4 WATER LANE is 86m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Oakington, based on EPC data. The below chart shows the distribution of detached houses by size in Oakington, and where 4 WATER LANE lies on this distribution: 23% of detached houses are smaller than 4 WATER LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Oakington.

4 WATER LANE: Plot and Title Map

4 WATER LANE sits on a plot of roughly 0.266 of an acre, or 1,076m². 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 OAKINGTON, in the CB24 postcode district. The below map shows the position of No. 4 on WATER LANE.