15, THE COURTWAY, WATFORD, WD19 5DP - £410,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 THE COURTWAY is a very small semi-detached house of 58m², built sometime between 1930 and 1949, which could now be worth an estimated £461,207. It was last sold for £410,000 in August 2016, which was around 18% below the average August 2016 semi-detached price in the Three Rivers local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

15 THE COURTWAY Sold Prices

Land registry data shows two sales for 15 THE COURTWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Three Rivers local authority area for the corresponding sale date. Both of the two 15 THE COURTWAY 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
2016 22 AUG	£410,000	£497,254	18% below HPI
1995 20 FEB	£65,000	£89,553	27% below HPI

15 THE COURTWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Three Rivers local authority area over time, sourced from the HPI. The two 15 THE COURTWAY sales from February 1995 and August 2016 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 February 1995 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 15 THE COURTWAY be worth now?

15 THE COURTWAY might now be worth an estimated £461,207.

This is based on house price inflation of 12.5%, between August 2016 and February 2025, for semi-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 12.5% inflationary increase is applied to the most recent sale price for 15 THE COURTWAY of £410,000 on 22nd August 2016. For the value to have increased from £410,000 to £461,207 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 15 THE COURTWAY has moved in line with the HPI for semi-detached houses in the Three Rivers local authority area.
• The August 2016 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE COURTWAY has not materially changed since August 2016.

How Large is 15 THE COURTWAY?

15 THE COURTWAY is 58m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of semi-detached houses houses in Watford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watford, and where 15 THE COURTWAY lies on this distribution: 1% of semi-detached houses houses are smaller than 15 THE COURTWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Watford.

15 THE COURTWAY: Plot and Title Map

15 THE COURTWAY sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 15 THE COURTWAY, 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 THE COURTWAY). 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 THE COURTWAY?

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