3, WATER LANE, COTTINGHAM, MARKET HARBOROUGH, LE16 8XU - £495,000

3 WATER LANE is a large extended detached house of 167m², built sometime before 1900. It was last sold for £495,000 in September 2022, which was around 20% above the average September 2022 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was F, and the potential energy rating was C.

3 WATER LANE Sold Prices

Land registry data shows three sales for 3 WATER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 3 WATER LANE 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
2022 23 SEP	£495,000	£412,129	20% above HPI
2000 24 MAR	£174,000	£95,939	81% above HPI
1996 9 JAN	£130,000	£66,989	94% above HPI

3 WATER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The three 3 WATER LANE sales between January 1996 and September 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 March 2000 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the September 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 3 WATER LANE?

3 WATER LANE is 167m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 30% of detached houses in Cottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cottingham, and where 3 WATER LANE lies on this distribution: 78% of detached houses are smaller than 3 WATER LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Cottingham.

3 WATER LANE: Plot and Title Map

3 WATER LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 3 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 3 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 3 WATER LANE?

3 WATER LANE is located in COTTINGHAM, in the LE16 postcode district. The below map shows the position of No. 3 on WATER LANE.