25, THE THRUMS, WATFORD, WD24 6DJ - £196,950

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

25 THE THRUMS is a very small detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £463,343. It was last sold for £196,950 in June 2003, which was around 48% below the average June 2003 detached price in the Watford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

25 THE THRUMS Sold Prices

Land registry data shows two sales for 25 THE THRUMS 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 25 THE THRUMS 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
2003 30 JUN	£196,950	£377,091	48% below HPI
1996 15 MAR	£74,950	£137,106	45% below HPI

25 THE THRUMS 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 25 THE THRUMS sales from March 1996 and June 2003 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 March 1996 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2003 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 25 THE THRUMS be worth now?

25 THE THRUMS might now be worth an estimated £463,343.

This is based on house price inflation of 135.3%, between June 2003 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 135.3% inflationary increase is applied to the most recent sale price for 25 THE THRUMS of £196,950 on 30th June 2003. For the value to have increased from £196,950 to £463,343 over the twenty years and six months to December 2024, the following assumptions must hold true:

• The value of 25 THE THRUMS has moved in line with the HPI for detached houses in the Watford local authority area.
• The June 2003 sale price of £196,950 represented a fair market value for the property.
• The size, condition, and specification of 25 THE THRUMS has not materially changed since June 2003.

How Large is 25 THE THRUMS?

25 THE THRUMS is 94m² according to the EPC inspection conducted in June 2022. 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 25 THE THRUMS lies on this distribution: 15% of detached houses houses are smaller than 25 THE THRUMS, and 85% of houses are larger. Note that EPC data is not available for all properties in Watford.

25 THE THRUMS: Plot and Title Map

25 THE THRUMS sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 25 THE THRUMS, 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 25 THE THRUMS). 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 25 THE THRUMS?

25 THE THRUMS is located in WATFORD, in the WD24 postcode district. The below map shows the position of No. 25 on THE THRUMS.