173, NORTH APPROACH, WATFORD, WD25 0EP - £695,000

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

173 NORTH APPROACH is a large extended detached house of 178m², built sometime between 1950 and 1966, which could now be worth an estimated £702,518. It was last sold for £695,000 in August 2024, which was around 21% below the average August 2024 detached price in the Watford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

173 NORTH APPROACH Sold Prices

Land registry data shows two sales for 173 NORTH APPROACH 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 173 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
2024 23 AUG	£695,000	£877,648	21% below HPI
2006 27 OCT	£397,500	£437,123	9% below HPI

173 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 two 173 NORTH APPROACH sales from October 2006 and August 2024 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 173 NORTH APPROACH be worth now?

173 NORTH APPROACH might now be worth an estimated £702,518.

This is based on house price inflation of 1.1%, between August 2024 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 1.1% inflationary increase is applied to the most recent sale price for 173 NORTH APPROACH of £695,000 on 23rd August 2024. For the value to have increased from £695,000 to £702,518 over the eight months to December 2024, the following assumptions must hold true:

• The value of 173 NORTH APPROACH has moved in line with the HPI for detached houses in the Watford local authority area.
• The August 2024 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 173 NORTH APPROACH has not materially changed since August 2024.

How Large is 173 NORTH APPROACH?

173 NORTH APPROACH is 178m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% 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 173 NORTH APPROACH lies on this distribution: 77% of detached houses houses are smaller than 173 NORTH APPROACH, and 23% of houses are larger. Note that EPC data is not available for all properties in Watford.

173 NORTH APPROACH: Plot and Title Map

173 NORTH APPROACH sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 173 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 173 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 173 NORTH APPROACH?

173 NORTH APPROACH is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 173 on NORTH APPROACH.