48, WATER LANE, OAKINGTON, CAMBRIDGE, CB24 3AL - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 WATER LANE is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £215,000 in September 2006, which was around 35% below the average September 2006 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

48 WATER LANE Sold Prices

Land registry data shows two sales for 48 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 48 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
2006 29 SEP	£215,000	£332,309	35% below HPI
2005 7 OCT	£165,000	£295,408	44% below HPI

48 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 48 WATER LANE sales from October 2005 and September 2006 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 October 2005 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2006 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 48 WATER LANE?

48 WATER LANE is 93m², which includes one extension, according to the EPC inspection conducted in July 2013. 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 48 WATER LANE lies on this distribution: 30% of detached houses are smaller than 48 WATER LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Oakington.

48 WATER LANE: Plot and Title Map

48 WATER LANE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 48 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 48 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 48 WATER LANE?

48 WATER LANE is located in OAKINGTON, in the CB24 postcode district. The below map shows the position of No. 48 on WATER LANE.