5, HAZEL GROVE, WATFORD, WD25 0RX - £587,000

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

5 HAZEL GROVE is a small extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £587,000 in July 2017, which was around 28% below the average July 2017 detached price in the Watford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

5 HAZEL GROVE Sold Prices

Land registry data shows two sales for 5 HAZEL GROVE 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 5 HAZEL GROVE sales was for below the average price, whilst the other was for above 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
2017 25 JUL	£587,000	£815,461	28% below HPI
1996 23 AUG	£160,000	£141,952	13% above HPI

5 HAZEL GROVE 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 5 HAZEL GROVE sales from August 1996 and July 2017 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 August 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 HAZEL GROVE?

5 HAZEL GROVE is 108m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 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 5 HAZEL GROVE lies on this distribution: 25% of detached houses are smaller than 5 HAZEL GROVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Watford.

5 HAZEL GROVE: Plot and Title Map

5 HAZEL GROVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 5 HAZEL GROVE, 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 HAZEL GROVE). 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 HAZEL GROVE?

5 HAZEL GROVE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 5 on HAZEL GROVE.