38, UPPER PADDOCK ROAD, WATFORD, WD19 4DZ - £240,000

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

38 UPPER PADDOCK ROAD is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £240,000 in July 2006, which was around 43% below the average July 2006 detached price in the Watford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

38 UPPER PADDOCK ROAD Sold Prices

Land registry data shows two sales for 38 UPPER PADDOCK ROAD 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 38 UPPER PADDOCK ROAD 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
2006 28 JUL	£240,000	£420,579	43% below HPI
2001 20 APR	£129,950	£283,031	54% below HPI

38 UPPER PADDOCK 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 two 38 UPPER PADDOCK ROAD sales from April 2001 and July 2006 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 April 2001 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the July 2006 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 38 UPPER PADDOCK ROAD?

38 UPPER PADDOCK ROAD is 74m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 38 UPPER PADDOCK ROAD lies on this distribution: 5% of detached houses are smaller than 38 UPPER PADDOCK ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Watford.

38 UPPER PADDOCK ROAD: Plot and Title Map

38 UPPER PADDOCK ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 38 UPPER PADDOCK 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 38 UPPER PADDOCK 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 38 UPPER PADDOCK ROAD?

38 UPPER PADDOCK ROAD is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 38 on UPPER PADDOCK ROAD.