2A, DIAMOND ROAD, WATFORD, WD24 5EW - £435,000

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

2A DIAMOND ROAD is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £435,000 in February 2022, which was around 52% below the average February 2022 detached price in the Watford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

2A DIAMOND ROAD Sold Prices

Land registry data shows four sales for 2A DIAMOND ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the four 2A DIAMOND ROAD 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 18 FEB	£435,000	£911,537	52% below HPI
2012 6 JUL	£249,950	£495,362	50% below HPI
2006 1 SEP	£245,000	£434,400	44% below HPI
1997 20 JAN	£75,000	£144,427	48% below HPI

2A DIAMOND ROAD 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 four 2A DIAMOND ROAD sales between January 1997 and February 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 2012 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 2A DIAMOND ROAD be worth now?

2A DIAMOND ROAD might now be worth an estimated £423,358.

This is based on house price deflation of 2.7%, between February 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 2.7% deflationary decrease is applied to the most recent sale price for 2A DIAMOND ROAD of £435,000 on 18th February 2022. For the value to have decreased from £435,000 to £423,358 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 2A DIAMOND ROAD has moved in line with the HPI for detached houses in the Watford local authority area.
• The February 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2A DIAMOND ROAD has not materially changed since February 2022.

How Large is 2A DIAMOND ROAD?

2A DIAMOND ROAD is 72m², which includes two extensions, according to the EPC inspection conducted in January 2022. 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 2A DIAMOND ROAD lies on this distribution: 4% of detached houses houses are smaller than 2A DIAMOND ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Watford.

2A DIAMOND ROAD: Plot and Title Map

2A DIAMOND ROAD sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 2A DIAMOND ROAD, 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 2A DIAMOND ROAD). 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 2A DIAMOND ROAD?

2A DIAMOND ROAD is located in WATFORD, in the WD24 postcode district. The below map shows the position of No. 2A on DIAMOND ROAD.