231, HORSESHOE LANE, WATFORD, WD25 7JE - £385,000

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

231 HORSESHOE LANE is a large semi-detached house of 149m², built sometime between 1930 and 1949. It was last sold for £385,000 in September 2012, which was around 24% below the average September 2012 detached price in the Watford local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

231 HORSESHOE LANE Sold Prices

Land registry data shows four sales for 231 HORSESHOE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the four 231 HORSESHOE 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
2012 7 SEP	£385,000	£509,508	24% below HPI
2001 29 MAR	£232,500	£286,365	19% below HPI
1999 9 AUG	£162,500	£220,660	26% below HPI
1999 10 FEB	£105,000	£204,035	49% below HPI

231 HORSESHOE LANE 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 four 231 HORSESHOE LANE sales between February 1999 and September 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 March 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2012 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 231 HORSESHOE LANE?

231 HORSESHOE LANE is 149m² according to the EPC inspection conducted in June 2011. This puts it in the largest 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 231 HORSESHOE LANE lies on this distribution: 61% of detached houses are smaller than 231 HORSESHOE LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Watford.

231 HORSESHOE LANE: Plot and Title Map

231 HORSESHOE LANE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 231 HORSESHOE 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 231 HORSESHOE 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 231 HORSESHOE LANE?

231 HORSESHOE LANE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 231 on HORSESHOE LANE.