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

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 LEA FARM COTTAGES is a very small extended detached house of 85m², built sometime between 1900 and 1929. It was last sold for £250,000 in August 2009, which was around 42% 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	£431,569	42% below HPI
2004 17 DEC	£250,000	£410,894	39% below HPI
2000 2 NOV	£160,000	£279,496	43% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2009 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

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 in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 1 LEA FARM COTTAGES lies on this distribution: 10% of detached 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.