27, WATER LANE, SOUTH WITHAM, GRANTHAM, NG33 5PH - £190,000

27 WATER LANE is a very large extended detached house of 138m², built sometime before 1900. It was last sold for £190,000 in August 2016, which was around 29% below the average August 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

27 WATER LANE Sold Prices

Land registry data shows two sales for 27 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 Kesteven local authority area for the corresponding sale date. One of the two 27 WATER LANE sales was for below the average price, whilst the other was 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
2016 26 AUG	£190,000	£268,196	29% below HPI
1998 30 NOV	£90,000	£87,129	3% above HPI

27 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 two 27 WATER LANE sales from November 1998 and August 2016 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 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 27 WATER LANE?

27 WATER LANE is 138m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses by size in South Witham, and where 27 WATER LANE lies on this distribution: 84% of detached houses are smaller than 27 WATER LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in South Witham.

27 WATER LANE: Plot and Title Map

27 WATER LANE sits on a plot of roughly 0.151 of an acre, or 609m². The below map shows the location of 27 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 27 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 27 WATER LANE?

27 WATER LANE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 27 on WATER LANE.