1, BALMORAL ROAD, ABBOTS LANGLEY, WD5 0ST - £495,000

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

1 BALMORAL ROAD is a very small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £495,000 in December 2020, which was around 50% below the average December 2020 detached price in the Three Rivers local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

1 BALMORAL ROAD Sold Prices

Land registry data shows six sales for 1 BALMORAL ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the six 1 BALMORAL ROAD 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
2020 18 DEC	£495,000	£984,640	50% below HPI
2017 16 MAR	£470,000	£974,456	52% below HPI
2013 19 AUG	£333,000	£689,095	52% below HPI
2002 9 DEC	£289,950	£464,849	38% below HPI
2001 31 AUG	£226,500	£384,439	41% below HPI
1997 30 JUN	£123,000	£204,581	40% below HPI

1 BALMORAL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The six 1 BALMORAL ROAD sales between June 1997 and December 2020 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 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2020 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 1 BALMORAL ROAD?

1 BALMORAL ROAD is 84m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 1 BALMORAL ROAD lies on this distribution: 9% of detached houses are smaller than 1 BALMORAL ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Watford.

1 BALMORAL ROAD: Plot and Title Map

1 BALMORAL ROAD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 1 BALMORAL ROAD, 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 1 BALMORAL ROAD). 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 1 BALMORAL ROAD?

1 BALMORAL ROAD is located in ABBOTS LANGLEY, in the WD5 postcode district. The below map shows the position of No. 1 on BALMORAL ROAD.