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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 21% above the average March 2012 semi-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 semi-detached price in the Watford local authority area for the corresponding sale date. All of the three 16 LEBANON CLOSE 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
2012 9 MAR	£325,000	£269,024	21% above HPI
2005 26 AUG	£246,000	£228,153	8% above HPI
2002 14 JUN	£186,000	£165,726	12% above HPI

16 LEBANON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2012 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 16 LEBANON CLOSE be worth now?

16 LEBANON CLOSE might now be worth an estimated £619,804.

This is based on house price inflation of 90.7%, between March 2012 and December 2024, for semi-detached houses, in the Watford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 90.7% inflationary increase is applied to the most recent sale price for 16 LEBANON CLOSE of £325,000 on 9th March 2012. For the value to have increased from £325,000 to £619,804 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 16 LEBANON CLOSE has moved in line with the HPI for semi-detached houses in the Watford local authority area.
• The March 2012 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LEBANON CLOSE has not materially changed since March 2012.

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 semi-detached houses houses in Watford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watford, and where 16 LEBANON CLOSE lies on this distribution: 39% of semi-detached houses 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.