34, RICHMOND DRIVE, WATFORD, WD17 3BG - £822,500

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

34 RICHMOND DRIVE is a small extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £822,500 in April 2023, which was around 15% below the average April 2023 detached price in the Watford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

34 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 34 RICHMOND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Watford local authority area for the corresponding sale date. Both of the two 34 RICHMOND DRIVE 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
2023 17 APR	£822,500	£963,665	15% below HPI
2018 20 DEC	£745,000	£809,497	8% below HPI

34 RICHMOND DRIVE 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 two 34 RICHMOND DRIVE sales from December 2018 and April 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 December 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 34 RICHMOND DRIVE?

34 RICHMOND DRIVE is 112m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 34 RICHMOND DRIVE lies on this distribution: 28% of detached houses are smaller than 34 RICHMOND DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Watford.

34 RICHMOND DRIVE: Plot and Title Map

34 RICHMOND DRIVE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 34 RICHMOND DRIVE, 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 34 RICHMOND DRIVE). 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 34 RICHMOND DRIVE?

34 RICHMOND DRIVE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 34 on RICHMOND DRIVE.