24, BEECHPARK WAY, WATFORD, WD17 3TY - £700,000

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

24 BEECHPARK WAY is a small detached house of 113m², built sometime between 1967 and 1975. It was last sold for £700,000 in June 2023, which was around 23% below the average June 2023 detached price in the Watford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

24 BEECHPARK WAY Sold Prices

Land registry data shows three sales for 24 BEECHPARK 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 Watford local authority area for the corresponding sale date. One of the three 24 BEECHPARK WAY sales was for below the average price, whilst two 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
2023 14 JUN	£700,000	£914,969	23% below HPI
1997 17 OCT	£182,500	£179,686	2% above HPI
1996 3 SEP	£149,000	£139,151	7% above HPI

24 BEECHPARK WAY 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 three 24 BEECHPARK WAY sales between September 1996 and June 2023 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 October 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 24 BEECHPARK WAY be worth now?

24 BEECHPARK WAY might now be worth an estimated £678,711.

This is based on house price deflation of 3%, between June 2023 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 3% deflationary decrease is applied to the most recent sale price for 24 BEECHPARK WAY of £700,000 on 14th June 2023. For the value to have decreased from £700,000 to £678,711 over the six months to December 2024, the following assumptions must hold true:

• The value of 24 BEECHPARK WAY has moved in line with the HPI for detached houses in the Watford local authority area.
• The June 2023 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BEECHPARK WAY has not materially changed since June 2023.

How Large is 24 BEECHPARK WAY?

24 BEECHPARK WAY is 113m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% 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 24 BEECHPARK WAY lies on this distribution: 29% of detached houses houses are smaller than 24 BEECHPARK WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Watford.

24 BEECHPARK WAY: Plot and Title Map

24 BEECHPARK WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 24 BEECHPARK 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 24 BEECHPARK 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 24 BEECHPARK WAY?

24 BEECHPARK WAY is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 24 on BEECHPARK WAY.