10, GRIFFON WAY, LEAVESDEN, WATFORD, WD25 7GE - £324,000

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

10 GRIFFON WAY is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £324,000 in December 2005, which was around 34% below the average December 2005 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

10 GRIFFON WAY Sold Prices

Land registry data shows two sales for 10 GRIFFON WAY 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 10 GRIFFON WAY 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
2005 16 DEC	£324,000	£493,659	34% below HPI
2001 31 JAN	£204,950	£359,213	43% below HPI

10 GRIFFON WAY 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 10 GRIFFON WAY sales from January 2001 and December 2005 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 January 2001 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2005 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 10 GRIFFON WAY?

10 GRIFFON WAY is 86m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 10 GRIFFON WAY lies on this distribution: 10% of detached houses are smaller than 10 GRIFFON WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Watford.

10 GRIFFON WAY: Plot and Title Map

10 GRIFFON WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 10 GRIFFON WAY, 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 10 GRIFFON WAY). 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 10 GRIFFON WAY?

10 GRIFFON WAY is located in LEAVESDEN, in the WD25 postcode district. The below map shows the position of No. 10 on GRIFFON WAY.