32, ESSEX ROAD, WATFORD, WD17 4EP - £1,050,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

32 ESSEX ROAD is a very large detached house of 210m², built sometime between 1900 and 1929. It was last sold for £1,050,000 in July 2023, which was around 13% above the average July 2023 detached price in the Watford local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

32 ESSEX ROAD Sold Prices

Land registry data shows four sales for 32 ESSEX 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. two of the four 32 ESSEX ROAD sales were for above the average price, and four 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
2023 20 JUL	£1,050,000	£927,245	13% above HPI
1999 14 MAY	£275,000	£205,256	34% above HPI
1997 5 SEP	£120,000	£179,297	33% below HPI
1995 8 DEC	£120,000	£135,116	11% below HPI

32 ESSEX 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 32 ESSEX ROAD sales between December 1995 and July 2023 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 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2023 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 32 ESSEX ROAD?

32 ESSEX ROAD is 210m² according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 32 ESSEX ROAD lies on this distribution: 88% of detached houses are smaller than 32 ESSEX ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Watford.

32 ESSEX ROAD: Plot and Title Map

32 ESSEX ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 32 ESSEX 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 32 ESSEX 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 32 ESSEX ROAD?

32 ESSEX ROAD is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 32 on ESSEX ROAD.