56, WATERGATE LANE, LEICESTER, LE3 2XP - £182,000

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

56 WATERGATE LANE is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £182,000 in March 2016, which was around 31% below the average March 2016 detached price in the Blaby local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

56 WATERGATE LANE Sold Prices

Land registry data shows three sales for 56 WATERGATE 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 Blaby local authority area for the corresponding sale date. All of the three 56 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
2016 31 MAR	£182,000	£265,054	31% below HPI
2001 25 SEP	£95,000	£125,496	24% below HPI
1997 31 OCT	£54,000	£84,469	36% below HPI

56 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 three 56 WATERGATE LANE sales between October 1997 and March 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 September 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 56 WATERGATE LANE?

56 WATERGATE LANE is 87m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 56 WATERGATE LANE lies on this distribution: 20% of detached houses are smaller than 56 WATERGATE LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Leicester.

56 WATERGATE LANE: Plot and Title Map

56 WATERGATE LANE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 56 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 56 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 56 WATERGATE LANE?

56 WATERGATE LANE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 56 on WATERGATE LANE.