12, ELM AVENUE, WATFORD, WD19 4BE - £770,000

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

12 ELM AVENUE is a very small detached house of 100m², built sometime between 1930 and 1949. It was last sold for £770,000 in August 2023, which was around 17% below the average August 2023 detached price in the Watford local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

12 ELM AVENUE Sold Prices

Land registry data shows two sales for 12 ELM AVENUE 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 12 ELM AVENUE 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
2023 22 AUG	£770,000	£929,856	17% below HPI
1997 19 SEP	£92,500	£175,411	47% below HPI

12 ELM AVENUE 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 12 ELM AVENUE sales from September 1997 and August 2023 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 September 1997 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 12 ELM AVENUE be worth now?

12 ELM AVENUE might now be worth an estimated £734,629.

This is based on house price deflation of 4.6%, between August 2023 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 4.6% deflationary decrease is applied to the most recent sale price for 12 ELM AVENUE of £770,000 on 22nd August 2023. For the value to have decreased from £770,000 to £734,629 over the eight months to December 2024, the following assumptions must hold true:

• The value of 12 ELM AVENUE has moved in line with the HPI for detached houses in the Watford local authority area.
• The August 2023 sale price of £770,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELM AVENUE has not materially changed since August 2023.

How Large is 12 ELM AVENUE?

12 ELM AVENUE is 100m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% 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 12 ELM AVENUE lies on this distribution: 19% of detached houses houses are smaller than 12 ELM AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Watford.

12 ELM AVENUE: Plot and Title Map

12 ELM AVENUE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 12 ELM AVENUE, 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 12 ELM AVENUE). 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 12 ELM AVENUE?

12 ELM AVENUE is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 12 on ELM AVENUE.