5, FURZE CLOSE, WATFORD, WD19 6HG - £413,000

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.

5 FURZE CLOSE is a very small terraced house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £383,621. It was last sold for £413,000 in October 2022, which was around 12% below the average October 2022 terraced price in the Three Rivers local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

5 FURZE CLOSE Sold Prices

Land registry data shows six sales for 5 FURZE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Three Rivers local authority area for the corresponding sale date. All of the six 5 FURZE CLOSE 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 11 OCT	£413,000	£470,350	12% below HPI
2017 31 MAY	£350,000	£401,083	13% below HPI
2010 15 OCT	£219,950	£248,394	11% below HPI
2006 12 JAN	£181,500	£213,987	15% below HPI
2001 31 AUG	£114,950	£143,634	20% below HPI
1996 24 MAY	£60,000	£67,946	12% below HPI

5 FURZE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Three Rivers local authority area over time, sourced from the HPI. The six 5 FURZE CLOSE sales between May 1996 and October 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 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 5 FURZE CLOSE be worth now?

5 FURZE CLOSE might now be worth an estimated £383,621.

This is based on house price deflation of 7.1%, between October 2022 and July 2025, for terraced houses, in the Three Rivers local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% deflationary decrease is applied to the most recent sale price for 5 FURZE CLOSE of £413,000 on 11th October 2022. For the value to have decreased from £413,000 to £383,621 over the three years and three months to July 2025, the following assumptions must hold true:

• The value of 5 FURZE CLOSE has moved in line with the HPI for terraced houses in the Three Rivers local authority area.
• The October 2022 sale price of £413,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FURZE CLOSE has not materially changed since October 2022.

How Large is 5 FURZE CLOSE?

5 FURZE CLOSE is 56m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of terraced houses houses in Watford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Watford, and where 5 FURZE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 5 FURZE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Watford.

5 FURZE CLOSE: Plot and Title Map

5 FURZE CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 5 FURZE CLOSE, 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 5 FURZE CLOSE). 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 5 FURZE CLOSE?

5 FURZE CLOSE is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 5 on FURZE CLOSE.