15, GRANGE CLOSE, WATFORD, WD17 4HQ - £920,000

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 GRANGE CLOSE is a very large extended detached house of 226m², built sometime between 1996 and 2002. It was last sold for £920,000 in October 2015, which was around 30% above the average October 2015 detached price in the Watford local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was C.

15 GRANGE CLOSE Sold Prices

Land registry data shows two sales for 15 GRANGE CLOSE 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 GRANGE CLOSE sales were for above 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
2015 30 OCT	£920,000	£709,778	30% above HPI
1999 26 JAN	£375,000	£202,213	85% above HPI

15 GRANGE CLOSE 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 GRANGE CLOSE sales from January 1999 and October 2015 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 January 1999 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the October 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 15 GRANGE CLOSE be worth now?

15 GRANGE CLOSE might now be worth an estimated £1,149,896.

This is based on house price inflation of 25%, between October 2015 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 25% inflationary increase is applied to the most recent sale price for 15 GRANGE CLOSE of £920,000 on 30th October 2015. For the value to have increased from £920,000 to £1,149,896 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 15 GRANGE CLOSE has moved in line with the HPI for detached houses in the Watford local authority area.
• The October 2015 sale price of £920,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GRANGE CLOSE has not materially changed since October 2015.

How Large is 15 GRANGE CLOSE?

15 GRANGE CLOSE is 226m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 10% 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 GRANGE CLOSE lies on this distribution: 91% of detached houses houses are smaller than 15 GRANGE CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Watford.

15 GRANGE CLOSE: Plot and Title Map

15 GRANGE CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 15 GRANGE CLOSE, 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 GRANGE CLOSE). 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 GRANGE CLOSE?

15 GRANGE CLOSE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 15 on GRANGE CLOSE.