43, DERBY ROAD, WATFORD, WD17 2LZ - £550,000

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 DERBY ROAD is a small detached house of 109m², built sometime between 1930 and 1949. It was last sold for £550,000 in December 2021, which was around 40% below the average December 2021 detached price in the Watford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

43 DERBY ROAD Sold Prices

Land registry data shows two sales for 43 DERBY 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 DERBY 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
2021 7 DEC	£550,000	£920,990	40% below HPI
2002 12 JUL	£215,000	£326,545	34% below HPI

43 DERBY 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 DERBY ROAD sales from July 2002 and December 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 July 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 43 DERBY ROAD?

43 DERBY ROAD is 109m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% 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 DERBY ROAD lies on this distribution: 26% of detached houses are smaller than 43 DERBY ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Watford.

43 DERBY ROAD: Plot and Title Map

43 DERBY ROAD sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 43 DERBY 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 DERBY 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 DERBY ROAD?

43 DERBY ROAD is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 43 on DERBY ROAD.