1, THE COURTWAY, WATFORD, WD19 5DP - £570,000

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 THE COURTWAY is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £570,000 in July 2021, which was around 47% below the average July 2021 detached price in the Three Rivers local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.

1 THE COURTWAY Sold Prices

Land registry data shows two sales for 1 THE COURTWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. Both of the two 1 THE COURTWAY 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
2021 30 JUL	£570,000	£1,085,010	47% below HPI
2011 24 JUN	£295,000	£661,617	55% below HPI

1 THE COURTWAY 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 two 1 THE COURTWAY sales from June 2011 and July 2021 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 June 2011 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the July 2021 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 1 THE COURTWAY be worth now?

1 THE COURTWAY might now be worth an estimated £602,618.

This is based on house price inflation of 5.7%, between July 2021 and December 2024, for detached houses, in the Three Rivers local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% inflationary increase is applied to the most recent sale price for 1 THE COURTWAY of £570,000 on 30th July 2021. For the value to have increased from £570,000 to £602,618 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 THE COURTWAY has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The July 2021 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE COURTWAY has not materially changed since July 2021.

How Large is 1 THE COURTWAY?

1 THE COURTWAY is 74m², which includes one extension, according to the EPC inspection conducted in December 2010. 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 THE COURTWAY lies on this distribution: 5% of detached houses houses are smaller than 1 THE COURTWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Watford.

1 THE COURTWAY: Plot and Title Map

1 THE COURTWAY sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 1 THE COURTWAY, 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 THE COURTWAY). 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 THE COURTWAY?

1 THE COURTWAY is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 1 on THE COURTWAY.