3, THE PIPPINS, WATFORD, WD25 9LD - £750,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 THE PIPPINS is a midsized extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £750,000 in January 2022, which was around 17% below the average January 2022 detached price in the Watford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

3 THE PIPPINS Sold Prices

Land registry data shows three sales for 3 THE PIPPINS 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 3 THE PIPPINS 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 28 JAN	£750,000	£904,022	17% below HPI
2014 28 NOV	£450,000	£637,404	29% below HPI
2001 20 JUL	£269,950	£302,379	11% below HPI

3 THE PIPPINS 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 3 THE PIPPINS sales between July 2001 and January 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 November 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 THE PIPPINS?

3 THE PIPPINS is 139m², which includes three extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 3 THE PIPPINS lies on this distribution: 52% of detached houses are smaller than 3 THE PIPPINS, and 47% of houses are larger. Note that EPC data is not available for all properties in Watford.

3 THE PIPPINS: Plot and Title Map

3 THE PIPPINS sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 THE PIPPINS, 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 3 THE PIPPINS). 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 3 THE PIPPINS?

3 THE PIPPINS is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 3 on THE PIPPINS.