51, RICHMOND DRIVE, WATFORD, WD17 3BQ - £1,030,000

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

51 RICHMOND DRIVE is a very large extended detached house of 198m², built sometime between 1950 and 1966. It was last sold for £1,030,000 in July 2020, which was around 25% above the average July 2020 detached price in the Watford local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

51 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 51 RICHMOND DRIVE 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 51 RICHMOND DRIVE sales was for above the average price, whilst the other was roughly equal to 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
2020 21 JUL	£1,030,000	£824,270	25% above HPI
2016 31 MAR	£760,000	£759,396	Close to HPI

51 RICHMOND DRIVE 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 51 RICHMOND DRIVE sales from March 2016 and July 2020 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 March 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2020 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 51 RICHMOND DRIVE?

51 RICHMOND DRIVE is 198m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 51 RICHMOND DRIVE lies on this distribution: 85% of detached houses are smaller than 51 RICHMOND DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Watford.

51 RICHMOND DRIVE: Plot and Title Map

51 RICHMOND DRIVE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 51 RICHMOND DRIVE, 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 51 RICHMOND DRIVE). 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 51 RICHMOND DRIVE?

51 RICHMOND DRIVE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 51 on RICHMOND DRIVE.