48, WOODLAND DRIVE, WATFORD, WD17 3BZ - £960,000

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.

48 WOODLAND DRIVE is a large extended detached house of 162m², built sometime between 1930 and 1949, which could now be worth an estimated £1,202,450. It was last sold for £960,000 in November 2015, which was around 33% above the average November 2015 detached price in the Watford local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

48 WOODLAND DRIVE Sold Prices

Land registry data shows two sales for 48 WOODLAND DRIVE 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 48 WOODLAND DRIVE 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
2015 27 NOV	£960,000	£719,524	33% above HPI
2014 24 JUN	£495,000	£579,477	15% below HPI

48 WOODLAND DRIVE 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 48 WOODLAND DRIVE sales from June 2014 and November 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2015 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 48 WOODLAND DRIVE be worth now?

48 WOODLAND DRIVE might now be worth an estimated £1,202,450.

This is based on house price inflation of 25.3%, between November 2015 and March 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 25.3% inflationary increase is applied to the most recent sale price for 48 WOODLAND DRIVE of £960,000 on 27th November 2015. For the value to have increased from £960,000 to £1,202,450 over the ten years and eight months to March 2025, the following assumptions must hold true:

• The value of 48 WOODLAND DRIVE has moved in line with the HPI for detached houses in the Watford local authority area.
• The November 2015 sale price of £960,000 represented a fair market value for the property.
• The size, condition, and specification of 48 WOODLAND DRIVE has not materially changed since November 2015.

How Large is 48 WOODLAND DRIVE?

48 WOODLAND DRIVE is 162m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 40% 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 48 WOODLAND DRIVE lies on this distribution: 69% of detached houses houses are smaller than 48 WOODLAND DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Watford.

48 WOODLAND DRIVE: Plot and Title Map

48 WOODLAND DRIVE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 48 WOODLAND DRIVE, 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 48 WOODLAND DRIVE). 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 48 WOODLAND DRIVE?

48 WOODLAND DRIVE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 48 on WOODLAND DRIVE.