28, DERWENT CLOSE, WATFORD, WD25 0NQ - £441,000

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

28 DERWENT CLOSE is a very small detached house of 67m², built sometime between 2003 and 2006. It was last sold for £441,000 in October 2022, which was around 55% below the average October 2022 detached price in the Watford local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

28 DERWENT CLOSE Sold Prices

Land registry data shows three sales for 28 DERWENT CLOSE 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. All of the three 28 DERWENT CLOSE 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
2022 17 OCT	£441,000	£969,331	55% below HPI
2010 30 JUL	£250,000	£482,324	48% below HPI
2003 22 AUG	£185,000	£376,949	51% below HPI

28 DERWENT CLOSE 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 28 DERWENT CLOSE sales between August 2003 and October 2022 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 July 2010 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2022 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 28 DERWENT CLOSE be worth now?

28 DERWENT CLOSE might now be worth an estimated £403,608.

This is based on house price deflation of 8.5%, between October 2022 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 8.5% deflationary decrease is applied to the most recent sale price for 28 DERWENT CLOSE of £441,000 on 17th October 2022. For the value to have decreased from £441,000 to £403,608 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 28 DERWENT CLOSE has moved in line with the HPI for detached houses in the Watford local authority area.
• The October 2022 sale price of £441,000 represented a fair market value for the property.
• The size, condition, and specification of 28 DERWENT CLOSE has not materially changed since October 2022.

How Large is 28 DERWENT CLOSE?

28 DERWENT CLOSE is 67m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% 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 28 DERWENT CLOSE lies on this distribution: 2% of detached houses houses are smaller than 28 DERWENT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Watford.

28 DERWENT CLOSE: Plot and Title Map

28 DERWENT CLOSE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 28 DERWENT CLOSE, 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 28 DERWENT CLOSE). 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 28 DERWENT CLOSE?

28 DERWENT CLOSE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 28 on DERWENT CLOSE.