1, DAMSON CLOSE, WATFORD, WD24 5JY - £625,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 DAMSON CLOSE is a small detached house of 114m², built sometime from 2012 onwards. It was last sold for £625,000 in November 2024, which was around 30% below the average November 2024 detached price in the Watford local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

1 DAMSON CLOSE Sold Prices

Land registry data shows two sales for 1 DAMSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Watford local authority area for the corresponding sale date. Both of the two 1 DAMSON CLOSE 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
2024 15 NOV	£625,000	£898,087	30% below HPI
2013 31 JAN	£375,000	£514,247	27% below HPI

1 DAMSON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Watford local authority area over time, sourced from the HPI. The two 1 DAMSON CLOSE sales from January 2013 and November 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 January 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 DAMSON CLOSE be worth now?

1 DAMSON CLOSE might now be worth an estimated £617,383.

This is based on house price deflation of 1.2%, between November 2024 and December 2024, for 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 1.2% deflationary decrease is applied to the most recent sale price for 1 DAMSON CLOSE of £625,000 on 15th November 2024. For the value to have decreased from £625,000 to £617,383 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 1 DAMSON CLOSE has moved in line with the HPI for detached houses in the Watford local authority area.
• The November 2024 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DAMSON CLOSE has not materially changed since November 2024.

How Large is 1 DAMSON CLOSE?

1 DAMSON CLOSE is 114m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of detached houses houses in Watford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watford, and where 1 DAMSON CLOSE lies on this distribution: 30% of detached houses houses are smaller than 1 DAMSON CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Watford.

1 DAMSON CLOSE: Plot and Title Map

1 DAMSON CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 1 DAMSON 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 1 DAMSON 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 1 DAMSON CLOSE?

1 DAMSON CLOSE is located in WATFORD, in the WD24 postcode district. The below map shows the position of No. 1 on DAMSON CLOSE.