8, LEBANON CLOSE, WATFORD, WD17 4JW - £295,000

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.

8 LEBANON CLOSE is a very small extended semi-detached house of 92m², built sometime between 1930 and 1949, which could now be worth an estimated £618,416. It was last sold for £295,000 in March 2010, which was around 20% above the average March 2010 semi-detached price in the Watford local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

8 LEBANON CLOSE Sold Prices

Land registry data shows three sales for 8 LEBANON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Watford local authority area for the corresponding sale date. Two of the three 8 LEBANON CLOSE sales were for above the average price, whilst one was 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
2010 26 MAR	£295,000	£245,806	20% above HPI
2009 13 MAR	£237,000	£235,661	1% above HPI
2001 9 MAR	£137,000	£145,189	6% below HPI

8 LEBANON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Watford local authority area over time, sourced from the HPI. The three 8 LEBANON CLOSE sales between March 2001 and March 2010 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 March 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2010 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 8 LEBANON CLOSE be worth now?

8 LEBANON CLOSE might now be worth an estimated £618,416.

This is based on house price inflation of 109.6%, between March 2010 and February 2025, for semi-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 109.6% inflationary increase is applied to the most recent sale price for 8 LEBANON CLOSE of £295,000 on 26th March 2010. For the value to have increased from £295,000 to £618,416 over the fifteen years and one month to February 2025, the following assumptions must hold true:

• The value of 8 LEBANON CLOSE has moved in line with the HPI for semi-detached houses in the Watford local authority area.
• The March 2010 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LEBANON CLOSE has not materially changed since March 2010.

How Large is 8 LEBANON CLOSE?

8 LEBANON CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of semi-detached houses houses in Watford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watford, and where 8 LEBANON CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 8 LEBANON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Watford.

8 LEBANON CLOSE: Plot and Title Map

8 LEBANON CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 8 LEBANON CLOSE, 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 8 LEBANON CLOSE). 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 8 LEBANON CLOSE?

8 LEBANON CLOSE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 8 on LEBANON CLOSE.