145, LOWER PADDOCK ROAD, WATFORD, WD19 4GU - £259,000

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

145 LOWER PADDOCK ROAD is a small detached house of 118m², built sometime between 1996 and 2002. It was last sold for £259,000 in May 2002, which was around 18% below the average May 2002 detached price in the Watford local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

145 LOWER PADDOCK ROAD Sold Prices

Land registry data shows two sales for 145 LOWER PADDOCK 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 145 LOWER PADDOCK ROAD 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
2002 10 MAY	£259,000	£314,319	18% below HPI
2001 3 AUG	£240,000	£301,842	20% below HPI

145 LOWER PADDOCK 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 145 LOWER PADDOCK ROAD sales from August 2001 and May 2002 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 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2002 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 145 LOWER PADDOCK ROAD be worth now?

145 LOWER PADDOCK ROAD might now be worth an estimated £731,008.

This is based on house price inflation of 182.2%, between May 2002 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 182.2% inflationary increase is applied to the most recent sale price for 145 LOWER PADDOCK ROAD of £259,000 on 10th May 2002. For the value to have increased from £259,000 to £731,008 over the 21 years and five months to December 2024, the following assumptions must hold true:

• The value of 145 LOWER PADDOCK ROAD has moved in line with the HPI for detached houses in the Watford local authority area.
• The May 2002 sale price of £259,000 represented a fair market value for the property.
• The size, condition, and specification of 145 LOWER PADDOCK ROAD has not materially changed since May 2002.

How Large is 145 LOWER PADDOCK ROAD?

145 LOWER PADDOCK ROAD is 118m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% 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 145 LOWER PADDOCK ROAD lies on this distribution: 33% of detached houses houses are smaller than 145 LOWER PADDOCK ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Watford.

145 LOWER PADDOCK ROAD: Plot and Title Map

145 LOWER PADDOCK ROAD sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 145 LOWER PADDOCK 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 145 LOWER PADDOCK 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 145 LOWER PADDOCK ROAD?

145 LOWER PADDOCK ROAD is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 145 on LOWER PADDOCK ROAD.