40, SHEPHERDS ROAD, WATFORD, WD18 7HF - £925,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 SHEPHERDS ROAD is a large extended detached house of 172m², built sometime between 1983 and 1990, which could now be worth an estimated £956,487. It was last sold for £925,000 in June 2021, which was around 7% above the average June 2021 detached price in the Watford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

40 SHEPHERDS ROAD Sold Prices

Land registry data shows two sales for 40 SHEPHERDS 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 40 SHEPHERDS ROAD 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
2021 16 JUN	£925,000	£863,598	7% above HPI
1997 26 MAR	£155,000	£145,529	7% above HPI

40 SHEPHERDS 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 40 SHEPHERDS ROAD sales from March 1997 and June 2021 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 March 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2021 sale, which was also at 7% above the HPI.

What might 40 SHEPHERDS ROAD be worth now?

40 SHEPHERDS ROAD might now be worth an estimated £956,487.

This is based on house price inflation of 3.4%, between June 2021 and February 2025, 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 3.4% inflationary increase is applied to the most recent sale price for 40 SHEPHERDS ROAD of £925,000 on 16th June 2021. For the value to have increased from £925,000 to £956,487 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 40 SHEPHERDS ROAD has moved in line with the HPI for detached houses in the Watford local authority area.
• The June 2021 sale price of £925,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SHEPHERDS ROAD has not materially changed since June 2021.

How Large is 40 SHEPHERDS ROAD?

40 SHEPHERDS ROAD is 172m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 30% 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 SHEPHERDS ROAD lies on this distribution: 74% of detached houses houses are smaller than 40 SHEPHERDS ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Watford.

40 SHEPHERDS ROAD: Plot and Title Map

40 SHEPHERDS ROAD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 40 SHEPHERDS 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 40 SHEPHERDS 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 40 SHEPHERDS ROAD?

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