6, WATER LANE, CASTLE BYTHAM, GRANTHAM, NG33 4RT - £420,000

6 WATER LANE is a large extended detached house of 152m², built sometime before 1900. It was last sold for £420,000 in November 2017, which was around 45% above the average November 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

6 WATER LANE Sold Prices

Land registry data shows two sales for 6 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 6 WATER LANE sales was for above the average price, whilst the other was 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
2017 30 NOV	£420,000	£289,662	45% above HPI
2008 7 MAR	£200,000	£236,000	15% below HPI

6 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 6 WATER LANE sales from March 2008 and November 2017 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 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2017 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 6 WATER LANE?

6 WATER LANE is 152m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses in Castle Bytham, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Bytham, and where 6 WATER LANE lies on this distribution: 60% of detached houses are smaller than 6 WATER LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Castle Bytham.

6 WATER LANE: Plot and Title Map

6 WATER LANE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 6 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 6 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 6 WATER LANE?

6 WATER LANE is located in CASTLE BYTHAM, in the NG33 postcode district. The below map shows the position of No. 6 on WATER LANE.