27, HORSESHOE LANE, WATFORD, WD25 0LN - £510,000

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

27 HORSESHOE LANE is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £510,000 in December 2021, which was around 45% below the average December 2021 detached price in the Watford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

27 HORSESHOE LANE Sold Prices

Land registry data shows three sales for 27 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 27 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 9 DEC	£510,000	£920,990	45% below HPI
2011 5 AUG	£290,000	£497,645	42% below HPI
1996 17 DEC	£106,000	£146,679	28% below HPI

27 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 27 HORSESHOE LANE sales between December 1996 and December 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 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 27 HORSESHOE LANE?

27 HORSESHOE LANE is 77m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 27 HORSESHOE LANE lies on this distribution: 6% of detached houses are smaller than 27 HORSESHOE LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Watford.

27 HORSESHOE LANE: Plot and Title Map

27 HORSESHOE LANE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 27 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 27 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 27 HORSESHOE LANE?

27 HORSESHOE LANE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 27 on HORSESHOE LANE.