37, WATSONS LANE, HARBY, MELTON MOWBRAY, LE14 4DD - £380,000

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.

37 WATSONS LANE is a very large extended detached house of 202m², built sometime before 1900, which could now be worth an estimated £522,482. It was last sold for £380,000 in July 2016, which was around 31% above the average July 2016 detached price in the Melton local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was E.

37 WATSONS LANE Sold Prices

Land registry data shows two sales for 37 WATSONS 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 Melton local authority area for the corresponding sale date. Both of the two 37 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
2016 15 JUL	£380,000	£290,608	31% above HPI
2002 14 JUN	£219,000	£159,288	37% above HPI

37 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 two 37 WATSONS LANE sales from June 2002 and July 2016 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 June 2002 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2016 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 37 WATSONS LANE be worth now?

37 WATSONS LANE might now be worth an estimated £522,482.

This is based on house price inflation of 37.5%, between July 2016 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 37.5% inflationary increase is applied to the most recent sale price for 37 WATSONS LANE of £380,000 on 15th July 2016. For the value to have increased from £380,000 to £522,482 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 37 WATSONS LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2016 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 37 WATSONS LANE has not materially changed since July 2016.

How Large is 37 WATSONS LANE?

37 WATSONS LANE is 202m², which includes two extensions, according to the EPC inspection conducted in June 2009. This puts it in the largest 10% 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 37 WATSONS LANE lies on this distribution: 91% of detached houses houses are smaller than 37 WATSONS LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Harby.

37 WATSONS LANE: Plot and Title Map

37 WATSONS LANE sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 37 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 37 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 37 WATSONS LANE?

37 WATSONS LANE is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 37 on WATSONS LANE.