23, ALVA WAY, WATFORD, WD19 5EE - £295,000

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

23 ALVA WAY is a small extended detached house of 108m², built sometime between 1900 and 1929. It was last sold for £295,000 in February 2010, which was around 49% below the average February 2010 detached price in the Three Rivers local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was C.

23 ALVA WAY Sold Prices

Land registry data shows three sales for 23 ALVA WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the three 23 ALVA WAY 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
2010 26 FEB	£295,000	£584,052	49% below HPI
2007 22 NOV	£344,000	£627,100	45% below HPI
2004 9 JUL	£292,000	£497,853	41% below HPI

23 ALVA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The three 23 ALVA WAY sales between July 2004 and February 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 November 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2010 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 23 ALVA WAY?

23 ALVA WAY is 108m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 23 ALVA WAY lies on this distribution: 25% of detached houses are smaller than 23 ALVA WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Watford.

23 ALVA WAY: Plot and Title Map

23 ALVA WAY sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 23 ALVA WAY, 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 23 ALVA WAY). 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 23 ALVA WAY?

23 ALVA WAY is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 23 on ALVA WAY.