37, ORCHARD AVENUE, WATFORD, WD25 7JG - £575,000

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

37 ORCHARD AVENUE is a small extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £575,000 in December 2023, which was around 47% below the average December 2023 detached price in the Three Rivers local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

37 ORCHARD AVENUE Sold Prices

Land registry data shows two sales for 37 ORCHARD 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 37 ORCHARD 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
2023 8 DEC	£575,000	£1,080,042	47% below HPI
1999 22 JAN	£172,500	£256,214	33% below HPI

37 ORCHARD 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 37 ORCHARD AVENUE sales from January 1999 and December 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 January 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 37 ORCHARD AVENUE?

37 ORCHARD AVENUE is 125m², which includes two extensions, according to the EPC inspection conducted in August 2023. 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 37 ORCHARD AVENUE lies on this distribution: 39% of detached houses are smaller than 37 ORCHARD AVENUE, and 60% of houses are larger. Note that EPC data is not available for all properties in Watford.

37 ORCHARD AVENUE: Plot and Title Map

37 ORCHARD AVENUE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 37 ORCHARD 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 37 ORCHARD 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 37 ORCHARD AVENUE?

37 ORCHARD AVENUE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 37 on ORCHARD AVENUE.