50, THE MEAD, WATFORD, WD19 5BU - £445,000

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.

50 THE MEAD is a very small semi-detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £476,644. It was last sold for £445,000 in June 2021, which was around 16% below the average June 2021 semi-detached price in the Three Rivers local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

50 THE MEAD Sold Prices

Land registry data shows three sales for 50 THE MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Three Rivers local authority area for the corresponding sale date. All of the three 50 THE MEAD 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
2021 25 JUN	£445,000	£528,580	16% below HPI
2020 14 OCT	£430,000	£510,370	16% below HPI
1999 12 FEB	£122,000	£130,417	6% below HPI

50 THE MEAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Three Rivers local authority area over time, sourced from the HPI. The three 50 THE MEAD sales between February 1999 and June 2021 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 October 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, which was also at 16% below the HPI.

What might 50 THE MEAD be worth now?

50 THE MEAD might now be worth an estimated £476,644.

This is based on house price inflation of 7.1%, between June 2021 and March 2025, for semi-detached 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% inflationary increase is applied to the most recent sale price for 50 THE MEAD of £445,000 on 25th June 2021. For the value to have increased from £445,000 to £476,644 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 50 THE MEAD has moved in line with the HPI for semi-detached houses in the Three Rivers local authority area.
• The June 2021 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 50 THE MEAD has not materially changed since June 2021.

How Large is 50 THE MEAD?

50 THE MEAD is 67m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of semi-detached houses houses in Watford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watford, and where 50 THE MEAD lies on this distribution: 2% of semi-detached houses houses are smaller than 50 THE MEAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Watford.

50 THE MEAD: Plot and Title Map

50 THE MEAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 50 THE MEAD, 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 50 THE MEAD). 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 50 THE MEAD?

50 THE MEAD is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 50 on THE MEAD.