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

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

48 WOODLAND DRIVE is a large extended detached house of 162m², built sometime between 1930 and 1949. It was last sold for £960,000 in November 2015, which was around 31% 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	£735,465	31% above HPI
2014 24 JUN	£495,000	£592,315	16% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2015 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

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 in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 48 WOODLAND DRIVE lies on this distribution: 69% of detached houses are smaller than 48 WOODLAND DRIVE, and 30% 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.