13, THE MEAD, WATFORD, WD19 5BY - £485,000

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

13 THE MEAD is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £485,000 in March 2021, which was around 51% below the average March 2021 detached price in the Three Rivers local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

13 THE MEAD Sold Prices

Land registry data shows two sales for 13 THE MEAD 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 13 THE MEAD 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
2021 15 MAR	£485,000	£999,833	51% below HPI
1999 25 MAY	£115,000	£261,973	56% below HPI

13 THE MEAD 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 13 THE MEAD sales from May 1999 and March 2021 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 1999 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the March 2021 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 13 THE MEAD?

13 THE MEAD is 83m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 13 THE MEAD lies on this distribution: 9% of detached houses are smaller than 13 THE MEAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Watford.

13 THE MEAD: Plot and Title Map

13 THE MEAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 13 THE MEAD, 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 13 THE MEAD). 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 13 THE MEAD?

13 THE MEAD is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 13 on THE MEAD.