23, ELM AVENUE, WATFORD, WD19 4BD - £695,000

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

23 ELM AVENUE is a very small extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £695,000 in March 2021, which was around 17% below the average March 2021 detached price in the Watford local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

23 ELM AVENUE Sold Prices

Land registry data shows two sales for 23 ELM AVENUE 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 23 ELM AVENUE 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
2021 3 MAR	£695,000	£837,341	17% below HPI
2017 29 JUN	£535,000	£797,403	33% below HPI

23 ELM AVENUE 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 23 ELM AVENUE sales from June 2017 and March 2021 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 June 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 23 ELM AVENUE be worth now?

23 ELM AVENUE might now be worth an estimated £736,335.

This is based on house price inflation of 5.9%, between March 2021 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 5.9% inflationary increase is applied to the most recent sale price for 23 ELM AVENUE of £695,000 on 3rd March 2021. For the value to have increased from £695,000 to £736,335 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 23 ELM AVENUE has moved in line with the HPI for detached houses in the Watford local authority area.
• The March 2021 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 23 ELM AVENUE has not materially changed since March 2021.

How Large is 23 ELM AVENUE?

23 ELM AVENUE is 101m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% 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 23 ELM AVENUE lies on this distribution: 20% of detached houses houses are smaller than 23 ELM AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Watford.

23 ELM AVENUE: Plot and Title Map

23 ELM AVENUE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 23 ELM AVENUE, 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 ELM AVENUE). 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 ELM AVENUE?

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