28, WATER LANE, KINGS LANGLEY, WD4 8HN - £395,000

28 WATER LANE is a very small detached house of 96m², built sometime between 1950 and 1966. It was last sold for £395,000 in February 2011, which was around 38% below the average February 2011 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

28 WATER LANE Sold Prices

Land registry data shows two sales for 28 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 Three Rivers local authority area for the corresponding sale date. Both of the two 28 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
2011 25 FEB	£395,000	£640,015	38% below HPI
1998 12 JUN	£155,000	£245,876	37% below HPI

28 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 two 28 WATER LANE sales from June 1998 and February 2011 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 June 1998 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2011 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 28 WATER LANE?

28 WATER LANE is 96m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses in Kings Langley, based on EPC data. The below chart shows the distribution of detached houses by size in Kings Langley, and where 28 WATER LANE lies on this distribution: 13% of detached houses are smaller than 28 WATER LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Kings Langley.

28 WATER LANE: Plot and Title Map

28 WATER LANE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 28 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 28 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 28 WATER LANE?

28 WATER LANE is located in KINGS LANGLEY, in the WD4 postcode district. The below map shows the position of No. 28 on WATER LANE.