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 THE GLEBE is a small extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £395,000 in March 2014, which was around 31% below the average March 2014 detached price in the Watford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 5 THE GLEBE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the three 5 THE GLEBE 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 |
---|---|---|---|
2014 13 MAR | £395,000 | £571,517 | 31% below HPI |
2002 19 JUL | £277,000 | £326,545 | 15% below HPI |
1995 12 OCT | £92,000 | £135,061 | 32% below HPI |
The below graph shows the average detached house price in the Watford local authority area over time, sourced from the HPI. The three 5 THE GLEBE sales between October 1995 and March 2014 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 July 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
5 THE GLEBE is 116m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 5 THE GLEBE lies on this distribution: 31% of detached houses are smaller than 5 THE GLEBE, and 68% of houses are larger. Note that EPC data is not available for all properties in Watford.
5 THE GLEBE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 5 THE GLEBE, 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 THE GLEBE). 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.
5 THE GLEBE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 5 on THE GLEBE.