19, WATSONS LANE, HARBY, MELTON MOWBRAY, LE14 4DD - £360,000

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

19 WATSONS LANE is a midsized extended detached house of 125m², built sometime before 1900. It was last sold for £360,000 in September 2021, which was around 6% above the average September 2021 detached price in the Melton local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

19 WATSONS LANE Sold Prices

Land registry data shows six sales for 19 WATSONS LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Most of the six 19 WATSONS LANE 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
2021 20 SEP	£360,000	£339,383	6% above HPI
2009 3 AUG	£207,000	£213,068	3% below HPI
2006 20 APR	£274,000	£216,237	27% above HPI
2002 15 AUG	£219,950	£158,318	39% above HPI
2001 23 FEB	£149,000	£116,316	28% above HPI
1997 20 MAR	£92,500	£80,852	14% above HPI

19 WATSONS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The six 19 WATSONS LANE sales between March 1997 and September 2021 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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 19 WATSONS LANE?

19 WATSONS LANE is 125m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where 19 WATSONS LANE lies on this distribution: 45% of detached houses are smaller than 19 WATSONS LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Harby.

19 WATSONS LANE: Plot and Title Map

19 WATSONS LANE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 19 WATSONS 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 19 WATSONS 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 19 WATSONS LANE?

19 WATSONS LANE is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 19 on WATSONS LANE.