18, MINERVA DRIVE, WATFORD, WD24 5LD - £370,000

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

18 MINERVA DRIVE is a large extended detached house of 167m², built sometime between 1976 and 1982. It was last sold for £370,000 in May 2004, which was around 5% below the average May 2004 detached price in the Watford local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

18 MINERVA DRIVE Sold Prices

Land registry data shows three sales for 18 MINERVA DRIVE 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 18 MINERVA DRIVE 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
2004 21 MAY	£370,000	£390,396	5% below HPI
2003 18 NOV	£310,000	£387,019	20% below HPI
2003 31 JAN	£299,950	£382,343	22% below HPI

18 MINERVA DRIVE 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 18 MINERVA DRIVE sales between January 2003 and May 2004 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 November 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2004 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 18 MINERVA DRIVE?

18 MINERVA DRIVE is 167m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 30% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 18 MINERVA DRIVE lies on this distribution: 71% of detached houses are smaller than 18 MINERVA DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Watford.

18 MINERVA DRIVE: Plot and Title Map

18 MINERVA DRIVE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 18 MINERVA DRIVE, 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 MINERVA DRIVE). 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 MINERVA DRIVE?

18 MINERVA DRIVE is located in WATFORD, in the WD24 postcode district. The below map shows the position of No. 18 on MINERVA DRIVE.