15, COLNE WAY, WATFORD, WD25 9DB - £750,000

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

15 COLNE WAY is a large extended detached house of 186m², built sometime between 1950 and 1966. It was last sold for £750,000 in June 2021, which was around 13% below the average June 2021 detached price in the Watford local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

15 COLNE WAY Sold Prices

Land registry data shows two sales for 15 COLNE 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 Watford local authority area for the corresponding sale date. Both of the two 15 COLNE 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
2021 24 JUN	£750,000	£863,598	13% below HPI
2011 9 SEP	£380,000	£492,428	23% below HPI

15 COLNE WAY 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 15 COLNE WAY sales from September 2011 and June 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 September 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 COLNE WAY be worth now?

15 COLNE WAY might now be worth an estimated £770,447.

This is based on house price inflation of 2.7%, between June 2021 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 2.7% inflationary increase is applied to the most recent sale price for 15 COLNE WAY of £750,000 on 24th June 2021. For the value to have increased from £750,000 to £770,447 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 15 COLNE WAY has moved in line with the HPI for detached houses in the Watford local authority area.
• The June 2021 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 15 COLNE WAY has not materially changed since June 2021.

How Large is 15 COLNE WAY?

15 COLNE WAY is 186m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 20% 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 COLNE WAY lies on this distribution: 80% of detached houses houses are smaller than 15 COLNE WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Watford.

15 COLNE WAY: Plot and Title Map

15 COLNE WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 15 COLNE 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 COLNE 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 COLNE WAY?

15 COLNE WAY is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 15 on COLNE WAY.