51, WATERGATE LANE, LEICESTER, LE3 2XQ - £250,000

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

51 WATERGATE LANE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £250,000 in September 2019, which was around 22% below the average September 2019 detached price in the Blaby local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

51 WATERGATE LANE Sold Prices

Land registry data shows four sales for 51 WATERGATE 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 Blaby local authority area for the corresponding sale date. All of the four 51 WATERGATE 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
2019 20 SEP	£250,000	£320,022	22% below HPI
2006 6 JAN	£147,500	£217,518	32% below HPI
2002 28 JUN	£110,000	£141,519	22% below HPI
1995 1 DEC	£62,500	£75,332	17% below HPI

51 WATERGATE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The four 51 WATERGATE LANE sales between December 1995 and September 2019 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 January 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 51 WATERGATE LANE?

51 WATERGATE LANE is 71m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 51 WATERGATE LANE lies on this distribution: 8% of detached houses are smaller than 51 WATERGATE LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Leicester.

51 WATERGATE LANE: Plot and Title Map

51 WATERGATE LANE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 51 WATERGATE 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 51 WATERGATE 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 51 WATERGATE LANE?

51 WATERGATE LANE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 51 on WATERGATE LANE.