2, SHERWOODS ROAD, WATFORD, WD19 4AZ - £525,000

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 SHERWOODS ROAD is a midsized extended detached house of 129m², built sometime between 1930 and 1949. It was last sold for £525,000 in December 2010, which was around 10% above the average December 2010 detached price in the Watford local authority area. The most recent EPC inspection was July 2010, where the current energy rating was F, and the potential energy rating was F.

2 SHERWOODS ROAD Sold Prices

Land registry data shows two sales for 2 SHERWOODS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Watford local authority area for the corresponding sale date. Both of the two 2 SHERWOODS ROAD sales were 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
2010 1 DEC	£525,000	£479,421	10% above HPI
1995 20 DEC	£143,000	£132,187	8% above HPI

2 SHERWOODS ROAD 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 two 2 SHERWOODS ROAD sales from December 1995 and December 2010 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 December 1995 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2010 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 SHERWOODS ROAD be worth now?

2 SHERWOODS ROAD might now be worth an estimated £971,483.

This is based on house price inflation of 85%, between December 2010 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 85% inflationary increase is applied to the most recent sale price for 2 SHERWOODS ROAD of £525,000 on 1st December 2010. For the value to have increased from £525,000 to £971,483 over the fourteen years to December 2024, the following assumptions must hold true:

• The value of 2 SHERWOODS ROAD has moved in line with the HPI for detached houses in the Watford local authority area.
• The December 2010 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHERWOODS ROAD has not materially changed since December 2010.

How Large is 2 SHERWOODS ROAD?

2 SHERWOODS ROAD is 129m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 SHERWOODS ROAD lies on this distribution: 42% of detached houses houses are smaller than 2 SHERWOODS ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Watford.

2 SHERWOODS ROAD: Plot and Title Map

2 SHERWOODS ROAD sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 2 SHERWOODS ROAD, 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 SHERWOODS ROAD). 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 SHERWOODS ROAD?

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