43, CEDAR ROAD, WATFORD, WD19 4QP - £580,000

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

43 CEDAR ROAD is a very small extended detached house of 100m², built sometime between 1900 and 1929. It was last sold for £580,000 in October 2015, which was around 20% below the average October 2015 detached price in the Watford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

43 CEDAR ROAD Sold Prices

Land registry data shows two sales for 43 CEDAR 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 43 CEDAR 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
2015 21 OCT	£580,000	£725,502	20% below HPI
2002 12 JUN	£259,500	£319,639	19% below HPI

43 CEDAR 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 43 CEDAR ROAD sales from June 2002 and October 2015 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 June 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 43 CEDAR ROAD?

43 CEDAR ROAD is 100m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 43 CEDAR ROAD lies on this distribution: 19% of detached houses are smaller than 43 CEDAR ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Watford.

43 CEDAR ROAD: Plot and Title Map

43 CEDAR ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 43 CEDAR 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 43 CEDAR 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 43 CEDAR ROAD?

43 CEDAR ROAD is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 43 on CEDAR ROAD.