38A, LEAFORD CRESCENT, WATFORD, WD24 5JG - £287,500

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

38A LEAFORD CRESCENT is a very small extended detached house of 73m², built sometime between 1976 and 1982. It was last sold for £287,500 in January 2014, which was around 47% below the average January 2014 detached price in the Watford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

38A LEAFORD CRESCENT Sold Prices

Land registry data shows two sales for 38A LEAFORD CRESCENT 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 38A LEAFORD CRESCENT 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
2014 17 JAN	£287,500	£542,298	47% below HPI
1996 18 APR	£85,000	£137,271	38% below HPI

38A LEAFORD CRESCENT 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 38A LEAFORD CRESCENT sales from April 1996 and January 2014 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 1996 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2014 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 38A LEAFORD CRESCENT be worth now?

38A LEAFORD CRESCENT might now be worth an estimated £470,320.

This is based on house price inflation of 63.6%, between January 2014 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 63.6% inflationary increase is applied to the most recent sale price for 38A LEAFORD CRESCENT of £287,500 on 17th January 2014. For the value to have increased from £287,500 to £470,320 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 38A LEAFORD CRESCENT has moved in line with the HPI for detached houses in the Watford local authority area.
• The January 2014 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 38A LEAFORD CRESCENT has not materially changed since January 2014.

How Large is 38A LEAFORD CRESCENT?

38A LEAFORD CRESCENT is 73m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 38A LEAFORD CRESCENT lies on this distribution: 5% of detached houses houses are smaller than 38A LEAFORD CRESCENT, and 95% of houses are larger. Note that EPC data is not available for all properties in Watford.

38A LEAFORD CRESCENT: Plot and Title Map

38A LEAFORD CRESCENT sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 38A LEAFORD CRESCENT, 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 38A LEAFORD CRESCENT). 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 38A LEAFORD CRESCENT?

38A LEAFORD CRESCENT is located in WATFORD, in the WD24 postcode district. The below map shows the position of No. 38A on LEAFORD CRESCENT.