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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

19 WATSONS LANE is a midsized extended detached house of 125m², built sometime before 1900, which could now be worth an estimated £408,640. It was last sold for £360,000 in September 2021, which was around 2% 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	£352,011	2% above HPI
2009 3 AUG	£207,000	£220,995	6% below HPI
2006 20 APR	£274,000	£224,282	22% above HPI
2002 15 AUG	£219,950	£164,208	34% above HPI
2001 23 FEB	£149,000	£120,644	24% above HPI
1997 20 MAR	£92,500	£83,860	10% 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 19 WATSONS LANE be worth now?

19 WATSONS LANE might now be worth an estimated £408,640.

This is based on house price inflation of 13.5%, between September 2021 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.5% inflationary increase is applied to the most recent sale price for 19 WATSONS LANE of £360,000 on 20th September 2021. For the value to have increased from £360,000 to £408,640 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 19 WATSONS LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The September 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 19 WATSONS LANE has not materially changed since September 2021.

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 houses in Harby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harby, and where 19 WATSONS LANE lies on this distribution: 45% of detached houses 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.