40, DURBAN ROAD EAST, WATFORD, WD18 0RP - £140,000

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

40 DURBAN ROAD EAST is a very small detached house of 40m², built sometime before 1900. It was last sold for £140,000 in December 2005, which was around 65% below the average December 2005 detached price in the Watford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

40 DURBAN ROAD EAST Sold Prices

Land registry data shows three sales for 40 DURBAN ROAD EAST 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 40 DURBAN ROAD EAST 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
2005 7 DEC	£140,000	£397,388	65% below HPI
2002 9 AUG	£107,000	£340,542	69% below HPI
2000 29 JUN	£46,000	£263,140	83% below HPI

40 DURBAN ROAD EAST 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 40 DURBAN ROAD EAST sales between June 2000 and December 2005 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 August 2002 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the December 2005 sale, where it rises to 65% below the HPI. The line then continues to track at 65% below the HPI.

What might 40 DURBAN ROAD EAST be worth now?

40 DURBAN ROAD EAST might now be worth an estimated £312,541.

This is based on house price inflation of 123.2%, between December 2005 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 123.2% inflationary increase is applied to the most recent sale price for 40 DURBAN ROAD EAST of £140,000 on 7th December 2005. For the value to have increased from £140,000 to £312,541 over the nineteen years to December 2024, the following assumptions must hold true:

• The value of 40 DURBAN ROAD EAST has moved in line with the HPI for detached houses in the Watford local authority area.
• The December 2005 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 40 DURBAN ROAD EAST has not materially changed since December 2005.

How Large is 40 DURBAN ROAD EAST?

40 DURBAN ROAD EAST is 40m² according to the EPC inspection conducted in May 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 40 DURBAN ROAD EAST lies on this distribution: Less than 1% of detached houses houses are smaller than 40 DURBAN ROAD EAST, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Watford.

40 DURBAN ROAD EAST: Plot and Title Map

40 DURBAN ROAD EAST sits on a plot of roughly 0.007 of an acre, or 29m². The below map shows the location of 40 DURBAN ROAD EAST, 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 40 DURBAN ROAD EAST). 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 40 DURBAN ROAD EAST?

40 DURBAN ROAD EAST is located in WATFORD, in the WD18 postcode district. The below map shows the position of No. 40 on DURBAN ROAD EAST.