1B, WATERGATE LANE, LEICESTER, LE3 2XQ - £200,000

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.

1B WATERGATE LANE is a small semi-detached house of 93m², built sometime from 2007 onwards, which could now be worth an estimated £202,289. It was last sold for £200,000 in August 2024, which was around 22% below the average August 2024 semi-detached price in the Blaby local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

1B WATERGATE LANE Sold Prices

Land registry data shows two sales for 1B WATERGATE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. One of the two 1B WATERGATE LANE sales was for below the average price, whilst the other was 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
2024 28 AUG	£200,000	£257,492	22% below HPI
2008 31 MAR	£185,500	£150,983	23% above HPI

1B WATERGATE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blaby local authority area over time, sourced from the HPI. The two 1B WATERGATE LANE sales from March 2008 and August 2024 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 2008 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1B WATERGATE LANE be worth now?

1B WATERGATE LANE might now be worth an estimated £202,289.

This is based on house price inflation of 1.1%, between August 2024 and February 2025, for semi-detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for 1B WATERGATE LANE of £200,000 on 28th August 2024. For the value to have increased from £200,000 to £202,289 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 1B WATERGATE LANE has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The August 2024 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1B WATERGATE LANE has not materially changed since August 2024.

How Large is 1B WATERGATE LANE?

1B WATERGATE LANE is 93m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 1B WATERGATE LANE lies on this distribution: 27% of semi-detached houses houses are smaller than 1B WATERGATE LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1B WATERGATE LANE: Plot and Title Map

1B WATERGATE LANE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 1B 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 1B 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 1B WATERGATE LANE?

1B WATERGATE LANE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 1B on WATERGATE LANE.