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
WATERSEDGE is a very large extended detached house of 206m², built sometime between 1976 and 1982. It was last sold for £500,000 in June 2023, which was around 35% above the average June 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for WATERSEDGE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two WATERSEDGE sales were for above 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 |
---|---|---|---|
2023 30 JUN | £500,000 | £370,706 | 35% above HPI |
2011 12 AUG | £575,000 | £223,136 | 158% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two WATERSEDGE sales from August 2011 and June 2023 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 August 2011 sale was for 158% above the HPI. So the extrapolation line tracks at 158% above the HPI over time, until the June 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.
WATERSEDGE is 206m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of detached houses in Langtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Langtoft, and where WATERSEDGE lies on this distribution: 89% of detached houses are smaller than WATERSEDGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Langtoft.
WATERSEDGE sits on a plot of roughly 2.1 acres, or 8,581m². The below map shows the location of WATERSEDGE, 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 WATERSEDGE). 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.
WATERSEDGE is located on STOWE ROAD in LANGTOFT, in the PE6 postcode district. The below map shows the position of WATERSEDGE on STOWE ROAD.