22, RICHMOND DRIVE, WATFORD, WD17 3BG - £617,000

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.

22 RICHMOND DRIVE is a very small extended semi-detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £840,298. It was last sold for £617,000 in August 2015, which was around 63% above the average August 2015 semi-detached price in the Watford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

22 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 22 RICHMOND DRIVE 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. Both of the two 22 RICHMOND DRIVE 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
2015 24 AUG	£617,000	£378,358	63% above HPI
2002 27 NOV	£330,000	£195,233	69% above HPI

22 RICHMOND DRIVE 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 22 RICHMOND DRIVE sales from November 2002 and August 2015 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 2002 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the August 2015 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 22 RICHMOND DRIVE be worth now?

22 RICHMOND DRIVE might now be worth an estimated £840,298.

This is based on house price inflation of 36.2%, between August 2015 and February 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 36.2% inflationary increase is applied to the most recent sale price for 22 RICHMOND DRIVE of £617,000 on 24th August 2015. For the value to have increased from £617,000 to £840,298 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 22 RICHMOND DRIVE has moved in line with the HPI for semi-detached houses in the Watford local authority area.
• The August 2015 sale price of £617,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RICHMOND DRIVE has not materially changed since August 2015.

How Large is 22 RICHMOND DRIVE?

22 RICHMOND DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 22 RICHMOND DRIVE lies on this distribution: 18% of semi-detached houses houses are smaller than 22 RICHMOND DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Watford.

22 RICHMOND DRIVE: Plot and Title Map

22 RICHMOND DRIVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 22 RICHMOND DRIVE, 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 22 RICHMOND DRIVE). 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 22 RICHMOND DRIVE?

22 RICHMOND DRIVE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 22 on RICHMOND DRIVE.