18, PARK AVENUE, WATFORD, WD18 7HP - £770,000

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 PARK AVENUE is a very small detached house of 101m², built sometime between 1900 and 1929. It was last sold for £770,000 in December 2020, which was around 10% below the average December 2020 detached price in the Watford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

18 PARK AVENUE Sold Prices

Land registry data shows three sales for 18 PARK AVENUE 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 PARK AVENUE 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
2020 1 DEC	£770,000	£851,485	10% below HPI
2002 27 SEP	£347,000	£364,259	5% below HPI
2000 1 AUG	£262,000	£272,760	4% below HPI

18 PARK AVENUE 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 PARK AVENUE sales between August 2000 and December 2020 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 September 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 18 PARK AVENUE?

18 PARK AVENUE is 101m² according to the EPC inspection conducted in June 2016. 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 18 PARK AVENUE lies on this distribution: 20% of detached houses are smaller than 18 PARK AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Watford.

18 PARK AVENUE: Plot and Title Map

18 PARK AVENUE sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of 18 PARK AVENUE, 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 PARK AVENUE). 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 PARK AVENUE?

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