Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 WESTWICK PLACE is a midsized detached house of 128m², built sometime between 1991 and 1995. It was last sold for £550,000 in May 2018, which was around 31% below the average May 2018 detached price in the Watford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 WESTWICK PLACE since 1st 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. All of the three 2 WESTWICK PLACE 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 |
---|---|---|---|
2018 30 MAY | £550,000 | £799,022 | 31% below HPI |
2007 11 JAN | £365,000 | £453,923 | 20% below HPI |
2003 11 DEC | £320,000 | £388,762 | 18% below HPI |
The below graph shows the average detached house price in the Watford local authority area over time, sourced from the HPI. The three 2 WESTWICK PLACE sales between December 2003 and May 2018 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 January 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
2 WESTWICK PLACE is 128m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% 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 WESTWICK PLACE lies on this distribution: 42% of detached houses are smaller than 2 WESTWICK PLACE, and 58% of houses are larger. Note that EPC data is not available for all properties in Watford.
2 WESTWICK PLACE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 WESTWICK PLACE, 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 WESTWICK PLACE). 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.
2 WESTWICK PLACE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 2 on WESTWICK PLACE.