16, LEBANON CLOSE, WATFORD, WD17 4JW - £325,000

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

16 LEBANON CLOSE is a small semi-detached house of 125m², built sometime between 1967 and 1975. It was last sold for £325,000 in March 2012, which was around 35% below the average March 2012 detached price in the Watford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

16 LEBANON CLOSE Sold Prices

Land registry data shows three sales for 16 LEBANON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the three 16 LEBANON CLOSE 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
2012 9 MAR	£325,000	£501,662	35% below HPI
2005 26 AUG	£246,000	£408,578	40% below HPI
2002 14 JUN	£186,000	£319,639	42% below HPI

16 LEBANON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Watford local authority area over time, sourced from the HPI. The three 16 LEBANON CLOSE sales between June 2002 and March 2012 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 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2012 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 16 LEBANON CLOSE?

16 LEBANON CLOSE is 125m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 16 LEBANON CLOSE lies on this distribution: 39% of detached houses are smaller than 16 LEBANON CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Watford.

16 LEBANON CLOSE: Plot and Title Map

16 LEBANON CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 16 LEBANON CLOSE, 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 16 LEBANON CLOSE). 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 16 LEBANON CLOSE?

16 LEBANON CLOSE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 16 on LEBANON CLOSE.