12, OULTON WAY, WATFORD, WD19 5EL - £540,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 OULTON WAY is a small extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £587,883. It was last sold for £540,000 in June 2020, which was around 48% below the average June 2020 detached price in the Three Rivers local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

12 OULTON WAY Sold Prices

Land registry data shows two sales for 12 OULTON 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 12 OULTON 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
2020 29 JUN	£540,000	£1,040,680	48% below HPI
2001 20 FEB	£167,500	£385,403	57% below HPI

12 OULTON 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 12 OULTON WAY sales from February 2001 and June 2020 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 February 2001 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2020 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 12 OULTON WAY be worth now?

12 OULTON WAY might now be worth an estimated £587,883.

This is based on house price inflation of 8.9%, between June 2020 and March 2025, for detached houses, in the Three Rivers local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for 12 OULTON WAY of £540,000 on 29th June 2020. For the value to have increased from £540,000 to £587,883 over the five years and three months to March 2025, the following assumptions must hold true:

• The value of 12 OULTON WAY has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The June 2020 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OULTON WAY has not materially changed since June 2020.

How Large is 12 OULTON WAY?

12 OULTON WAY is 110m², which includes three extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% 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 OULTON WAY lies on this distribution: 26% of detached houses houses are smaller than 12 OULTON WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Watford.

12 OULTON WAY: Plot and Title Map

12 OULTON WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 12 OULTON 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 12 OULTON 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 12 OULTON WAY?

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