312, HEMPSTEAD ROAD, WATFORD, WD17 4NA - £865,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

312 HEMPSTEAD ROAD is a midsized extended detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £964,125. It was last sold for £865,000 in April 2017, which was around 8% above the average April 2017 detached price in the Watford local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

312 HEMPSTEAD ROAD Sold Prices

Land registry data shows four sales for 312 HEMPSTEAD 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 312 HEMPSTEAD ROAD sales 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
2017 19 APR	£865,000	£801,183	8% above HPI
2013 30 MAY	£573,290	£517,252	11% above HPI
2006 10 JUL	£482,500	£411,463	17% above HPI
2000 14 DEC	£340,000	£275,562	23% above HPI

312 HEMPSTEAD 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 312 HEMPSTEAD ROAD sales between December 2000 and April 2017 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 May 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 312 HEMPSTEAD ROAD be worth now?

312 HEMPSTEAD ROAD might now be worth an estimated £964,125.

This is based on house price inflation of 11.5%, between April 2017 and February 2025, 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 11.5% inflationary increase is applied to the most recent sale price for 312 HEMPSTEAD ROAD of £865,000 on 19th April 2017. For the value to have increased from £865,000 to £964,125 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 312 HEMPSTEAD ROAD has moved in line with the HPI for detached houses in the Watford local authority area.
• The April 2017 sale price of £865,000 represented a fair market value for the property.
• The size, condition, and specification of 312 HEMPSTEAD ROAD has not materially changed since April 2017.

How Large is 312 HEMPSTEAD ROAD?

312 HEMPSTEAD ROAD is 137m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 50% 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 312 HEMPSTEAD ROAD lies on this distribution: 51% of detached houses houses are smaller than 312 HEMPSTEAD ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Watford.

312 HEMPSTEAD ROAD: Plot and Title Map

312 HEMPSTEAD ROAD sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of 312 HEMPSTEAD 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 312 HEMPSTEAD 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 312 HEMPSTEAD ROAD?

312 HEMPSTEAD ROAD is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 312 on HEMPSTEAD ROAD.