18, THE RIDGEWAY, WATFORD, WD17 4TN - £530,000

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 THE RIDGEWAY is a small extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £530,000 in April 2013, which was around 2% below the average April 2013 detached price in the Watford local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

18 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 18 THE RIDGEWAY 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. Two of the three 18 THE RIDGEWAY sales were for below the average price, whilst one was 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
2013 9 APR	£530,000	£539,678	2% below HPI
2001 17 AUG	£298,000	£308,529	3% below HPI
1997 18 JUL	£199,750	£168,247	19% above HPI

18 THE RIDGEWAY 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 THE RIDGEWAY sales between July 1997 and April 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 August 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2013 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 18 THE RIDGEWAY?

18 THE RIDGEWAY is 121m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the smallest 40% 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 THE RIDGEWAY lies on this distribution: 36% of detached houses are smaller than 18 THE RIDGEWAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Watford.

18 THE RIDGEWAY: Plot and Title Map

18 THE RIDGEWAY sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 18 THE RIDGEWAY, 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 THE RIDGEWAY). 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 THE RIDGEWAY?

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