15, CAREW WAY, WATFORD, WD19 5BG - £379,950

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

15 CAREW WAY is a small extended detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £939,247. It was last sold for £379,950 in September 2002, which was around 18% below the average September 2002 detached price in the Three Rivers local authority area. The most recent EPC inspection was January 2025, where the current energy rating was C, and the potential energy rating was B.

15 CAREW WAY Sold Prices

Land registry data shows two sales for 15 CAREW 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 15 CAREW 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
2002 17 SEP	£379,950	£464,032	18% below HPI
1998 25 SEP	£208,000	£276,626	25% below HPI

15 CAREW 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 15 CAREW WAY sales from September 1998 and September 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 September 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2002 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 15 CAREW WAY be worth now?

15 CAREW WAY might now be worth an estimated £939,247.

This is based on house price inflation of 147.2%, between September 2002 and December 2024, 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 147.2% inflationary increase is applied to the most recent sale price for 15 CAREW WAY of £379,950 on 17th September 2002. For the value to have increased from £379,950 to £939,247 over the 21 years and nine months to December 2024, the following assumptions must hold true:

• The value of 15 CAREW WAY has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The September 2002 sale price of £379,950 represented a fair market value for the property.
• The size, condition, and specification of 15 CAREW WAY has not materially changed since September 2002.

How Large is 15 CAREW WAY?

15 CAREW WAY is 114m², which includes one extension, according to the EPC inspection conducted in January 2025. 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 15 CAREW WAY lies on this distribution: 30% of detached houses houses are smaller than 15 CAREW WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Watford.

15 CAREW WAY: Plot and Title Map

15 CAREW WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 15 CAREW 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 15 CAREW 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 15 CAREW WAY?

15 CAREW WAY is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 15 on CAREW WAY.