43, THE RIDGEWAY, WATFORD, WD17 4TH - £745,000

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 THE RIDGEWAY is a large extended detached house of 169m², built sometime between 1950 and 1966. It was last sold for £745,000 in February 2014, which was around 35% above the average February 2014 detached price in the Watford local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

43 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 43 THE RIDGEWAY 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. One of the two 43 THE RIDGEWAY sales was for above the average price, whilst the other was 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
2014 21 FEB	£745,000	£551,525	35% above HPI
2012 21 SEP	£430,000	£509,508	16% below HPI

43 THE RIDGEWAY 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 THE RIDGEWAY sales from September 2012 and February 2014 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 September 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2014 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 43 THE RIDGEWAY?

43 THE RIDGEWAY is 169m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 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 THE RIDGEWAY lies on this distribution: 72% of detached houses are smaller than 43 THE RIDGEWAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Watford.

43 THE RIDGEWAY: Plot and Title Map

43 THE RIDGEWAY sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 43 THE RIDGEWAY, 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 THE RIDGEWAY). 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 THE RIDGEWAY?

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