249, HORSESHOE LANE, WATFORD, WD25 7JE - £740,000

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

249 HORSESHOE LANE is a midsized detached house of 128m², built sometime between 1976 and 1982. It was last sold for £740,000 in November 2021, which was around 16% below the average November 2021 detached price in the Watford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

249 HORSESHOE LANE Sold Prices

Land registry data shows two sales for 249 HORSESHOE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Watford local authority area for the corresponding sale date. Both of the two 249 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
2021 19 NOV	£740,000	£886,215	16% below HPI
2004 21 DEC	£329,500	£401,989	18% below HPI

249 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 two 249 HORSESHOE LANE sales from December 2004 and November 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 December 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 249 HORSESHOE LANE be worth now?

249 HORSESHOE LANE might now be worth an estimated £740,774.

This is based on house price inflation of 0.1%, between November 2021 and December 2024, for 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 0.1% inflationary increase is applied to the most recent sale price for 249 HORSESHOE LANE of £740,000 on 19th November 2021. For the value to have increased from £740,000 to £740,774 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 249 HORSESHOE LANE has moved in line with the HPI for detached houses in the Watford local authority area.
• The November 2021 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 249 HORSESHOE LANE has not materially changed since November 2021.

How Large is 249 HORSESHOE LANE?

249 HORSESHOE LANE is 128m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses houses in Watford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watford, and where 249 HORSESHOE LANE lies on this distribution: 42% of detached houses houses are smaller than 249 HORSESHOE LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Watford.

249 HORSESHOE LANE: Plot and Title Map

249 HORSESHOE LANE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 249 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 249 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 249 HORSESHOE LANE?

249 HORSESHOE LANE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 249 on HORSESHOE LANE.