1, THE ORCHARD, WATFORD, WD17 4HW - £1,100,000

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 ORCHARD is a large detached house of 163m², built sometime between 1996 and 2002. It was last sold for £1,100,000 in March 2022, which was around 21% above the average March 2022 detached price in the Watford local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

1 THE ORCHARD Sold Prices

Land registry data shows two sales for 1 THE ORCHARD 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 THE ORCHARD sales were for above 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
2022 25 MAR	£1,100,000	£907,112	21% above HPI
2001 9 NOV	£490,000	£300,269	63% above HPI

1 THE ORCHARD 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 THE ORCHARD sales from November 2001 and March 2022 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 November 2001 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 1 THE ORCHARD be worth now?

1 THE ORCHARD might now be worth an estimated £1,075,784.

This is based on house price deflation of 2.2%, between March 2022 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 2.2% deflationary decrease is applied to the most recent sale price for 1 THE ORCHARD of £1,100,000 on 25th March 2022. For the value to have decreased from £1,100,000 to £1,075,784 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 1 THE ORCHARD has moved in line with the HPI for detached houses in the Watford local authority area.
• The March 2022 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE ORCHARD has not materially changed since March 2022.

How Large is 1 THE ORCHARD?

1 THE ORCHARD is 163m² according to the EPC inspection conducted in February 2016. This puts it in the largest 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 THE ORCHARD lies on this distribution: 69% of detached houses houses are smaller than 1 THE ORCHARD, and 30% of houses are larger. Note that EPC data is not available for all properties in Watford.

1 THE ORCHARD: Plot and Title Map

1 THE ORCHARD sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of 1 THE ORCHARD, 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 ORCHARD). 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 ORCHARD?

1 THE ORCHARD is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 1 on THE ORCHARD.