36, PENROSE AVENUE, WATFORD, WD19 5AD - £600,000

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

36 PENROSE AVENUE is a small extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £600,000 in March 2022, which was around 44% below the average March 2022 detached price in the Three Rivers local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

36 PENROSE AVENUE Sold Prices

Land registry data shows two sales for 36 PENROSE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. Both of the two 36 PENROSE AVENUE 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 21 MAR	£600,000	£1,075,652	44% below HPI
2012 20 JUL	£250,000	£630,744	60% below HPI

36 PENROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The two 36 PENROSE AVENUE sales from July 2012 and March 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 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the March 2022 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 36 PENROSE AVENUE?

36 PENROSE AVENUE is 124m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 36 PENROSE AVENUE lies on this distribution: 38% of detached houses are smaller than 36 PENROSE AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Watford.

36 PENROSE AVENUE: Plot and Title Map

36 PENROSE AVENUE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 36 PENROSE AVENUE, 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 36 PENROSE AVENUE). 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 36 PENROSE AVENUE?

36 PENROSE AVENUE is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 36 on PENROSE AVENUE.