18, RICHMOND DRIVE, WATFORD, WD17 3BG - £845,000

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

18 RICHMOND DRIVE is a large extended detached house of 157m², built sometime between 1930 and 1949, which could now be worth an estimated £940,206. It was last sold for £845,000 in December 2016, which was around 6% above the average December 2016 detached price in the Watford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

18 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 18 RICHMOND DRIVE 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 18 RICHMOND DRIVE sales were for above 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
2016 15 DEC	£845,000	£797,309	6% above HPI
1997 20 AUG	£250,000	£170,130	47% above HPI

18 RICHMOND 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 two 18 RICHMOND DRIVE sales from August 1997 and December 2016 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 August 1997 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2016 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 18 RICHMOND DRIVE be worth now?

18 RICHMOND DRIVE might now be worth an estimated £940,206.

This is based on house price inflation of 11.3%, between December 2016 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 11.3% inflationary increase is applied to the most recent sale price for 18 RICHMOND DRIVE of £845,000 on 15th December 2016. For the value to have increased from £845,000 to £940,206 over the eight years to December 2024, the following assumptions must hold true:

• The value of 18 RICHMOND DRIVE has moved in line with the HPI for detached houses in the Watford local authority area.
• The December 2016 sale price of £845,000 represented a fair market value for the property.
• The size, condition, and specification of 18 RICHMOND DRIVE has not materially changed since December 2016.

How Large is 18 RICHMOND DRIVE?

18 RICHMOND DRIVE is 157m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 18 RICHMOND DRIVE lies on this distribution: 66% of detached houses houses are smaller than 18 RICHMOND DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Watford.

18 RICHMOND DRIVE: Plot and Title Map

18 RICHMOND DRIVE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 18 RICHMOND 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 RICHMOND 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 RICHMOND DRIVE?

18 RICHMOND DRIVE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 18 on RICHMOND DRIVE.