15, MEADOWBANK, WATFORD, WD19 4NP - £275,000

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 MEADOWBANK is a small extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £275,000 in June 2001, which was around 1% below the average June 2001 detached price in the Watford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

15 MEADOWBANK Sold Prices

Land registry data shows two sales for 15 MEADOWBANK 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. One of the two 15 MEADOWBANK sales was for below the average price, whilst the other was 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
2001 29 JUN	£275,000	£277,452	1% below HPI
1996 31 JUL	£138,800	£137,451	1% above HPI

15 MEADOWBANK 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 MEADOWBANK sales from July 1996 and June 2001 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 July 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2001 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 15 MEADOWBANK be worth now?

15 MEADOWBANK might now be worth an estimated £879,302.

This is based on house price inflation of 219.7%, between June 2001 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 219.7% inflationary increase is applied to the most recent sale price for 15 MEADOWBANK of £275,000 on 29th June 2001. For the value to have increased from £275,000 to £879,302 over the 22 years and six months to December 2024, the following assumptions must hold true:

• The value of 15 MEADOWBANK has moved in line with the HPI for detached houses in the Watford local authority area.
• The June 2001 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MEADOWBANK has not materially changed since June 2001.

How Large is 15 MEADOWBANK?

15 MEADOWBANK is 119m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 MEADOWBANK lies on this distribution: 34% of detached houses houses are smaller than 15 MEADOWBANK, and 66% of houses are larger. Note that EPC data is not available for all properties in Watford.

15 MEADOWBANK: Plot and Title Map

15 MEADOWBANK sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 15 MEADOWBANK, 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 MEADOWBANK). 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 MEADOWBANK?

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