151B, NORTH APPROACH, WATFORD, WD25 0EP - £252,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

151B NORTH APPROACH is a very small flat of 44m², built sometime between 1930 and 1949. It was last sold for £252,000 in June 2022, which was around 74% below the average June 2022 detached price in the Watford local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

151B NORTH APPROACH Sold Prices

Land registry data shows three sales for 151B NORTH APPROACH 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 151B NORTH APPROACH 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
2022 1 JUN	£252,000	£952,470	74% below HPI
2018 11 JAN	£202,000	£820,592	75% below HPI
2003 14 NOV	£112,000	£387,019	71% below HPI

151B NORTH APPROACH 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 151B NORTH APPROACH sales between November 2003 and June 2022 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 2018 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the June 2022 sale, where it rises to 74% below the HPI. The line then continues to track at 74% below the HPI.

How Large is 151B NORTH APPROACH?

151B NORTH APPROACH is 44m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 151B NORTH APPROACH lies on this distribution: Less than 1% of detached houses are smaller than 151B NORTH APPROACH, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Watford.

151B NORTH APPROACH: Plot and Title Map

151B NORTH APPROACH sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 151B NORTH APPROACH, 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 151B NORTH APPROACH). 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 151B NORTH APPROACH?

151B NORTH APPROACH is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 151B on NORTH APPROACH.