18, GILL CLOSE, WATFORD, WD18 8WS - £535,000

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.

18 GILL CLOSE is a midsized detached house of 144m², built sometime between 1991 and 1995, which could now be worth an estimated £833,058. It was last sold for £535,000 in November 2013, which was around 26% below the average November 2013 detached price in the Three Rivers local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

18 GILL CLOSE Sold Prices

Land registry data shows four sales for 18 GILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. The four 18 GILL CLOSE sales were a mix of below the average price, and roughly equal to 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
2013 12 NOV	£535,000	£727,601	26% below HPI
2008 16 JAN	£545,000	£661,457	18% below HPI
2005 6 JUL	£450,000	£529,941	15% below HPI
2000 24 MAR	£344,995	£344,220	Close to HPI

18 GILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The four 18 GILL CLOSE sales between March 2000 and November 2013 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 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 18 GILL CLOSE be worth now?

18 GILL CLOSE might now be worth an estimated £833,058.

This is based on house price inflation of 55.7%, between November 2013 and March 2025, for 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 55.7% inflationary increase is applied to the most recent sale price for 18 GILL CLOSE of £535,000 on 12th November 2013. For the value to have increased from £535,000 to £833,058 over the twelve years and eight months to March 2025, the following assumptions must hold true:

• The value of 18 GILL CLOSE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The November 2013 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GILL CLOSE has not materially changed since November 2013.

How Large is 18 GILL CLOSE?

18 GILL CLOSE is 144m² according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses houses in Rickmansworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rickmansworth, and where 18 GILL CLOSE lies on this distribution: 57% of detached houses houses are smaller than 18 GILL CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Rickmansworth.

18 GILL CLOSE: Plot and Title Map

18 GILL CLOSE sits on a plot of roughly 18.6 acres, or 75,359m². The below map shows the location of 18 GILL CLOSE, 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 18 GILL CLOSE). 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 18 GILL CLOSE?

18 GILL CLOSE is located in WATFORD, in the WD18 postcode district. The below map shows the position of No. 18 on GILL CLOSE.