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

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

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 66% 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	£406,192	66% below HPI
2002 9 AUG	£107,000	£348,086	69% below HPI
2000 29 JUN	£46,000	£268,970	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 66% below the HPI. The line then continues to track at 66% below the HPI.

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 in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 40 DURBAN ROAD EAST lies on this distribution: Less than 1% of detached 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.