55, WATER LANE, OAKINGTON, CAMBRIDGE, CB24 3AL - £427,500

55 WATER LANE is a midsized extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £427,500 in March 2016, which was around 11% below the average March 2016 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

55 WATER LANE Sold Prices

Land registry data shows two sales for 55 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 55 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
2016 4 MAR	£427,500	£479,945	11% below HPI
1998 6 NOV	£97,000	£149,116	35% below HPI

55 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 55 WATER LANE sales from November 1998 and March 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 55 WATER LANE?

55 WATER LANE is 119m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses in Oakington, based on EPC data. The below chart shows the distribution of detached houses by size in Oakington, and where 55 WATER LANE lies on this distribution: 52% of detached houses are smaller than 55 WATER LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Oakington.

55 WATER LANE: Plot and Title Map

55 WATER LANE sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 55 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 55 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 55 WATER LANE?

55 WATER LANE is located in OAKINGTON, in the CB24 postcode district. The below map shows the position of No. 55 on WATER LANE.