2, FIFTH AVENUE, WATFORD, WD25 9QF - £510,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 FIFTH AVENUE is a very small extended semi-detached house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £528,108. It was last sold for £510,000 in February 2022, which was around 1% above the average February 2022 semi-detached price in the Watford local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

2 FIFTH AVENUE Sold Prices

Land registry data shows two sales for 2 FIFTH AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Watford local authority area for the corresponding sale date. One of the two 2 FIFTH AVENUE sales was for above the average price, whilst the other was 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
2022 24 FEB	£510,000	£506,936	1% above HPI
2020 16 NOV	£381,000	£463,127	18% below HPI

2 FIFTH AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Watford local authority area over time, sourced from the HPI. The two 2 FIFTH AVENUE sales from November 2020 and February 2022 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 November 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 FIFTH AVENUE be worth now?

2 FIFTH AVENUE might now be worth an estimated £528,108.

This is based on house price inflation of 3.6%, between February 2022 and March 2025, for semi-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 3.6% inflationary increase is applied to the most recent sale price for 2 FIFTH AVENUE of £510,000 on 24th February 2022. For the value to have increased from £510,000 to £528,108 over the two years and eleven months to March 2025, the following assumptions must hold true:

• The value of 2 FIFTH AVENUE has moved in line with the HPI for semi-detached houses in the Watford local authority area.
• The February 2022 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FIFTH AVENUE has not materially changed since February 2022.

How Large is 2 FIFTH AVENUE?

2 FIFTH AVENUE is 84m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of semi-detached houses houses in Watford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watford, and where 2 FIFTH AVENUE lies on this distribution: 9% of semi-detached houses houses are smaller than 2 FIFTH AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Watford.

2 FIFTH AVENUE: Plot and Title Map

2 FIFTH AVENUE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2 FIFTH AVENUE, 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 FIFTH AVENUE). 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 FIFTH AVENUE?

2 FIFTH AVENUE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 2 on FIFTH AVENUE.