1, LEA FARM COTTAGES, COW LANE, WATFORD, WD25 9PW - £250,000

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.

1 LEA FARM COTTAGES is a very small extended detached house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £528,756. It was last sold for £250,000 in August 2009, which was around 41% below the average August 2009 detached price in the Watford local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

1 LEA FARM COTTAGES Sold Prices

Land registry data shows three sales for 1 LEA FARM COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the three 1 LEA FARM COTTAGES 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
2009 6 AUG	£250,000	£422,215	41% below HPI
2004 17 DEC	£250,000	£401,989	38% below HPI
2000 2 NOV	£160,000	£273,438	41% below HPI

1 LEA FARM COTTAGES 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 three 1 LEA FARM COTTAGES sales between November 2000 and August 2009 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 December 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2009 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1 LEA FARM COTTAGES be worth now?

1 LEA FARM COTTAGES might now be worth an estimated £528,756.

This is based on house price inflation of 111.5%, between August 2009 and February 2025, 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 111.5% inflationary increase is applied to the most recent sale price for 1 LEA FARM COTTAGES of £250,000 on 6th August 2009. For the value to have increased from £250,000 to £528,756 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 1 LEA FARM COTTAGES has moved in line with the HPI for detached houses in the Watford local authority area.
• The August 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LEA FARM COTTAGES has not materially changed since August 2009.

How Large is 1 LEA FARM COTTAGES?

1 LEA FARM COTTAGES is 85m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% 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 LEA FARM COTTAGES lies on this distribution: 10% of detached houses houses are smaller than 1 LEA FARM COTTAGES, and 90% of houses are larger. Note that EPC data is not available for all properties in Watford.

1 LEA FARM COTTAGES: Plot and Title Map

1 LEA FARM COTTAGES sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 1 LEA FARM COTTAGES, 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 LEA FARM COTTAGES). 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 LEA FARM COTTAGES?

1 LEA FARM COTTAGES is located on COW LANE in WATFORD, in the WD25 postcode district. The below map shows the position of 1 LEA FARM COTTAGES on COW LANE.