2, THE GLEBE, WATFORD, WD25 0LR - £418,500

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

2 THE GLEBE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £418,500 in January 2016, which was around 44% below the average January 2016 detached price in the Watford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

2 THE GLEBE Sold Prices

Land registry data shows two sales for 2 THE GLEBE 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 THE GLEBE sales were 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
2016 29 JAN	£418,500	£740,981	44% below HPI
2009 24 APR	£250,000	£406,897	39% below HPI

2 THE GLEBE 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 THE GLEBE sales from April 2009 and January 2016 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 April 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 2 THE GLEBE?

2 THE GLEBE is 74m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 2 THE GLEBE lies on this distribution: 5% of detached houses are smaller than 2 THE GLEBE, and 95% of houses are larger. Note that EPC data is not available for all properties in Watford.

2 THE GLEBE: Plot and Title Map

2 THE GLEBE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 2 THE GLEBE, 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 THE GLEBE). 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 THE GLEBE?

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