15, HIMALAYAN WAY, WATFORD, WD18 6GF - £552,500

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

15 HIMALAYAN WAY is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £552,500 in April 2021, which was around 35% below the average April 2021 detached price in the Watford local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

15 HIMALAYAN WAY Sold Prices

Land registry data shows three sales for 15 HIMALAYAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the three 15 HIMALAYAN 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 20 APR	£552,500	£852,430	35% below HPI
2004 5 OCT	£250,000	£417,427	40% below HPI
1995 30 NOV	£92,995	£136,976	32% below HPI

15 HIMALAYAN 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 three 15 HIMALAYAN WAY sales between November 1995 and April 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 October 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 15 HIMALAYAN WAY?

15 HIMALAYAN WAY is 86m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 15 HIMALAYAN WAY lies on this distribution: 10% of detached houses are smaller than 15 HIMALAYAN WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Watford.

15 HIMALAYAN WAY: Plot and Title Map

15 HIMALAYAN WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 15 HIMALAYAN 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 HIMALAYAN 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 HIMALAYAN WAY?

15 HIMALAYAN WAY is located in WATFORD, in the WD18 postcode district. The below map shows the position of No. 15 on HIMALAYAN WAY.