154A, RIDGE LANE, WATFORD, WD17 4WU - £520,000

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

154A RIDGE LANE is a very small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £520,000 in July 2014, which was around 15% below the average July 2014 detached price in the Watford local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

154A RIDGE LANE Sold Prices

Land registry data shows two sales for 154A RIDGE LANE 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 154A RIDGE LANE 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
2014 3 JUL	£520,000	£611,095	15% below HPI
2011 12 DEC	£410,000	£493,258	17% below HPI

154A RIDGE LANE 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 154A RIDGE LANE sales from December 2011 and July 2014 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 December 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 154A RIDGE LANE?

154A RIDGE LANE is 88m² according to the EPC inspection conducted in July 2010. 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 154A RIDGE LANE lies on this distribution: 12% of detached houses are smaller than 154A RIDGE LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Watford.

154A RIDGE LANE: Plot and Title Map

154A RIDGE LANE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 154A RIDGE LANE, 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 154A RIDGE LANE). 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 154A RIDGE LANE?

154A RIDGE LANE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 154A on RIDGE LANE.