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

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 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 about 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. The three 18 THE RIDGEWAY sales were a mix of roughly equal to the average price, above the average price, and 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
2013 9 APR	£530,000	£527,981	Close to HPI
2001 17 AUG	£298,000	£301,842	1% below HPI
1997 18 JUL	£199,750	£164,601	21% 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 18 THE RIDGEWAY be worth now?

18 THE RIDGEWAY might now be worth an estimated £890,534.

This is based on house price inflation of 68%, between April 2013 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 68% inflationary increase is applied to the most recent sale price for 18 THE RIDGEWAY of £530,000 on 9th April 2013. For the value to have increased from £530,000 to £890,534 over the ten years and four months to December 2024, the following assumptions must hold true:

• The value of 18 THE RIDGEWAY has moved in line with the HPI for detached houses in the Watford local authority area.
• The April 2013 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE RIDGEWAY has not materially changed since April 2013.

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 houses in Watford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watford, and where 18 THE RIDGEWAY lies on this distribution: 36% of detached houses 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.