38, GRANGE CLOSE, WATFORD, WD17 4HQ - £868,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 GRANGE CLOSE is a large extended detached house of 153m², built sometime between 1996 and 2002. It was last sold for £868,000 in January 2018, which was around 8% above the average January 2018 detached price in the Watford local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

38 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 38 GRANGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the three 38 GRANGE CLOSE 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
2018 23 JAN	£868,000	£802,806	8% above HPI
2005 19 OCT	£555,000	£396,029	40% above HPI
1999 14 OCT	£334,995	£227,164	47% above HPI

38 GRANGE CLOSE 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 three 38 GRANGE CLOSE sales between October 1999 and January 2018 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 October 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 38 GRANGE CLOSE be worth now?

38 GRANGE CLOSE might now be worth an estimated £959,185.

This is based on house price inflation of 10.5%, between January 2018 and December 2024, 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 10.5% inflationary increase is applied to the most recent sale price for 38 GRANGE CLOSE of £868,000 on 23rd January 2018. For the value to have increased from £868,000 to £959,185 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 38 GRANGE CLOSE has moved in line with the HPI for detached houses in the Watford local authority area.
• The January 2018 sale price of £868,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GRANGE CLOSE has not materially changed since January 2018.

How Large is 38 GRANGE CLOSE?

38 GRANGE CLOSE is 153m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% 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 38 GRANGE CLOSE lies on this distribution: 63% of detached houses houses are smaller than 38 GRANGE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Watford.

38 GRANGE CLOSE: Plot and Title Map

38 GRANGE CLOSE sits on a plot of roughly 0.196 of an acre, or 793m². The below map shows the location of 38 GRANGE CLOSE, 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 38 GRANGE CLOSE). 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 38 GRANGE CLOSE?

38 GRANGE CLOSE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 38 on GRANGE CLOSE.