4A, NESTON ROAD, WATFORD, WD24 7BW - £435,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4A NESTON ROAD is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £435,000 in March 2022, which was around 53% below the average March 2022 detached price in the Watford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

4A NESTON ROAD Sold Prices

Land registry data shows five sales for 4A NESTON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the five 4A NESTON 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
2022 10 MAR	£435,000	£927,209	53% below HPI
2015 15 MAY	£289,950	£669,385	57% below HPI
2007 27 JUL	£215,000	£496,311	57% below HPI
1999 5 FEB	£105,000	£204,035	49% below HPI
1997 27 MAY	£75,000	£148,510	49% below HPI

4A NESTON 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 five 4A NESTON ROAD sales between May 1997 and March 2022 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 May 2015 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the March 2022 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 4A NESTON ROAD?

4A NESTON ROAD is 65m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 4A NESTON ROAD lies on this distribution: 2% of detached houses are smaller than 4A NESTON ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Watford.

4A NESTON ROAD: Plot and Title Map

4A NESTON ROAD sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 4A NESTON 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 4A NESTON 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 4A NESTON ROAD?

4A NESTON ROAD is located in WATFORD, in the WD24 postcode district. The below map shows the position of No. 4A on NESTON ROAD.