18, ROYCE GROVE, LEAVESDEN, WATFORD, WD25 7GD - £680,000

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 ROYCE GROVE is a small extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £680,000 in July 2024, which was around 42% below the average July 2024 detached price in the Three Rivers local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

18 ROYCE GROVE Sold Prices

Land registry data shows four sales for 18 ROYCE GROVE 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. All of the four 18 ROYCE GROVE 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 4 JUL	£680,000	£1,178,690	42% below HPI
2013 20 SEP	£430,000	£737,901	42% below HPI
2010 7 OCT	£417,000	£664,693	37% below HPI
2001 21 SEP	£264,950	£420,970	37% below HPI

18 ROYCE GROVE 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 ROYCE GROVE sales between September 2001 and July 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 September 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2024 sale, which was also at 42% below the HPI.

What might 18 ROYCE GROVE be worth now?

18 ROYCE GROVE might now be worth an estimated £661,775.

This is based on house price deflation of 2.7%, between July 2024 and December 2024, 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 2.7% deflationary decrease is applied to the most recent sale price for 18 ROYCE GROVE of £680,000 on 4th July 2024. For the value to have decreased from £680,000 to £661,775 over the seven months to December 2024, the following assumptions must hold true:

• The value of 18 ROYCE GROVE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The July 2024 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of 18 ROYCE GROVE has not materially changed since July 2024.

How Large is 18 ROYCE GROVE?

18 ROYCE GROVE is 110m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 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 18 ROYCE GROVE lies on this distribution: 26% of detached houses houses are smaller than 18 ROYCE GROVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Watford.

18 ROYCE GROVE: Plot and Title Map

18 ROYCE GROVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 18 ROYCE GROVE, 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 ROYCE GROVE). 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 ROYCE GROVE?

18 ROYCE GROVE is located in LEAVESDEN, in the WD25 postcode district. The below map shows the position of No. 18 on ROYCE GROVE.