103, HEMPSTEAD ROAD, WATFORD, WD17 3HE - £1,147,500

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

103 HEMPSTEAD ROAD is a midsized extended detached house of 139m², built sometime between 1930 and 1949, which could now be worth an estimated £1,050,204. It was last sold for £1,147,500 in October 2022, which was around 18% above the average October 2022 detached price in the Watford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

103 HEMPSTEAD ROAD Sold Prices

Land registry data shows two sales for 103 HEMPSTEAD ROAD 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 103 HEMPSTEAD ROAD 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 26 OCT	£1,147,500	£969,331	18% above HPI
1996 13 AUG	£160,500	£138,875	16% above HPI

103 HEMPSTEAD ROAD 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 103 HEMPSTEAD ROAD sales from August 1996 and October 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 August 1996 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 103 HEMPSTEAD ROAD be worth now?

103 HEMPSTEAD ROAD might now be worth an estimated £1,050,204.

This is based on house price deflation of 8.5%, between October 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 8.5% deflationary decrease is applied to the most recent sale price for 103 HEMPSTEAD ROAD of £1,147,500 on 26th October 2022. For the value to have decreased from £1,147,500 to £1,050,204 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 103 HEMPSTEAD ROAD has moved in line with the HPI for detached houses in the Watford local authority area.
• The October 2022 sale price of £1,147,500 represented a fair market value for the property.
• The size, condition, and specification of 103 HEMPSTEAD ROAD has not materially changed since October 2022.

How Large is 103 HEMPSTEAD ROAD?

103 HEMPSTEAD ROAD is 139m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% 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 103 HEMPSTEAD ROAD lies on this distribution: 52% of detached houses houses are smaller than 103 HEMPSTEAD ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Watford.

103 HEMPSTEAD ROAD: Plot and Title Map

103 HEMPSTEAD ROAD sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of 103 HEMPSTEAD ROAD, 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 103 HEMPSTEAD ROAD). 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 103 HEMPSTEAD ROAD?

103 HEMPSTEAD ROAD is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 103 on HEMPSTEAD ROAD.