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

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 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 44% 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	£1,009,524	44% below HPI
2011 24 JUN	£295,000	£615,588	52% 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 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

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 in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 1 THE COURTWAY lies on this distribution: 5% of detached 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.