240, HORSESHOE LANE, WATFORD, WD25 7JQ - £770,000

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

240 HORSESHOE LANE is a very large detached house of 194m², built sometime between 1983 and 1990. It was last sold for £770,000 in June 2024, which was around 16% below the average June 2024 detached price in the Watford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

240 HORSESHOE LANE Sold Prices

Land registry data shows three sales for 240 HORSESHOE LANE 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 240 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
2024 14 JUN	£770,000	£920,674	16% below HPI
2000 7 MAR	£245,000	£264,629	7% below HPI
1995 10 FEB	£117,500	£142,466	18% below HPI

240 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 three 240 HORSESHOE LANE sales between February 1995 and June 2024 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 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 240 HORSESHOE LANE?

240 HORSESHOE LANE is 194m² according to the EPC inspection conducted in February 2023. This puts it in the largest 20% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 240 HORSESHOE LANE lies on this distribution: 83% of detached houses are smaller than 240 HORSESHOE LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Watford.

240 HORSESHOE LANE: Plot and Title Map

240 HORSESHOE LANE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 240 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 240 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 240 HORSESHOE LANE?

240 HORSESHOE LANE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 240 on HORSESHOE LANE.