129, RIDGE LANE, WATFORD, WD17 4SX - £710,000

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

129 RIDGE LANE is a large extended detached house of 184m², built sometime between 1930 and 1949. It was last sold for £710,000 in June 2012, which was around 38% above the average June 2012 detached price in the Watford local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

129 RIDGE LANE Sold Prices

Land registry data shows five sales for 129 RIDGE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Watford local authority area for the corresponding sale date. Most of the five 129 RIDGE LANE 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
2012 8 JUN	£710,000	£515,460	38% above HPI
2008 29 MAY	£470,000	£477,617	2% below HPI
2003 16 OCT	£365,000	£390,169	6% below HPI
2002 8 AUG	£300,000	£348,086	14% below HPI
1999 22 SEP	£243,500	£222,983	9% above HPI

129 RIDGE LANE 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 five 129 RIDGE LANE sales between September 1999 and June 2012 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 May 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2012 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 129 RIDGE LANE?

129 RIDGE LANE is 184m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 30% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 129 RIDGE LANE lies on this distribution: 79% of detached houses are smaller than 129 RIDGE LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Watford.

129 RIDGE LANE: Plot and Title Map

129 RIDGE LANE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 129 RIDGE LANE, 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 129 RIDGE LANE). 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 129 RIDGE LANE?

129 RIDGE LANE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 129 on RIDGE LANE.