14, WATERGATE LANE, LEICESTER, LE3 2XP - £235,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 WATERGATE LANE is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £235,000 in June 2020, which was around 28% below the average June 2020 detached price in the Blaby local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

14 WATERGATE LANE Sold Prices

Land registry data shows two sales for 14 WATERGATE 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 Blaby local authority area for the corresponding sale date. Both of the two 14 WATERGATE 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
2020 5 JUN	£235,000	£327,703	28% below HPI
2009 5 AUG	£125,000	£211,302	41% below HPI

14 WATERGATE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 14 WATERGATE LANE sales from August 2009 and June 2020 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 August 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 14 WATERGATE LANE?

14 WATERGATE LANE is 110m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 14 WATERGATE LANE lies on this distribution: 45% of detached houses are smaller than 14 WATERGATE LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Leicester.

14 WATERGATE LANE: Plot and Title Map

14 WATERGATE LANE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 14 WATERGATE 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 14 WATERGATE 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 14 WATERGATE LANE?

14 WATERGATE LANE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 14 on WATERGATE LANE.