2, CAREW WAY, WATFORD, WD19 5BG - £912,000

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

2 CAREW WAY is a midsized detached house of 145m², built sometime between 1996 and 2002. It was last sold for £912,000 in October 2024, which was around 25% below the average October 2024 detached price in the Three Rivers local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

2 CAREW WAY Sold Prices

Land registry data shows three sales for 2 CAREW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. Two of the three 2 CAREW WAY 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
2024 30 OCT	£912,000	£1,210,670	25% below HPI
2017 4 AUG	£837,500	£1,072,130	22% below HPI
1998 18 DEC	£299,950	£275,705	9% above HPI

2 CAREW WAY 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 three 2 CAREW WAY sales between December 1998 and October 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 August 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 CAREW WAY be worth now?

2 CAREW WAY might now be worth an estimated £864,113.

This is based on house price deflation of 5.3%, between October 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 5.3% deflationary decrease is applied to the most recent sale price for 2 CAREW WAY of £912,000 on 30th October 2024. For the value to have decreased from £912,000 to £864,113 over the ten months to December 2024, the following assumptions must hold true:

• The value of 2 CAREW WAY has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The October 2024 sale price of £912,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CAREW WAY has not materially changed since October 2024.

How Large is 2 CAREW WAY?

2 CAREW WAY is 145m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% 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 2 CAREW WAY lies on this distribution: 57% of detached houses houses are smaller than 2 CAREW WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Watford.

2 CAREW WAY: Plot and Title Map

2 CAREW WAY sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 2 CAREW WAY, 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 2 CAREW WAY). 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 2 CAREW WAY?

2 CAREW WAY is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 2 on CAREW WAY.