51, STRANGEWAYS, WATFORD, WD17 4SR - £435,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

51 STRANGEWAYS is a very small detached house of 76m², built sometime between 1900 and 1929. It was last sold for £435,000 in May 2014, which was around 25% below the average May 2014 detached price in the Watford local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

51 STRANGEWAYS Sold Prices

Land registry data shows two sales for 51 STRANGEWAYS 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. Both of the two 51 STRANGEWAYS 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 16 MAY	£435,000	£577,638	25% below HPI
2003 14 MAR	£247,500	£382,181	35% below HPI

51 STRANGEWAYS 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 STRANGEWAYS sales from March 2003 and May 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 March 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 51 STRANGEWAYS be worth now?

51 STRANGEWAYS might now be worth an estimated £668,077.

This is based on house price inflation of 53.6%, between May 2014 and December 2024, for detached houses, in the Watford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.6% inflationary increase is applied to the most recent sale price for 51 STRANGEWAYS of £435,000 on 16th May 2014. For the value to have increased from £435,000 to £668,077 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 51 STRANGEWAYS has moved in line with the HPI for detached houses in the Watford local authority area.
• The May 2014 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 51 STRANGEWAYS has not materially changed since May 2014.

How Large is 51 STRANGEWAYS?

51 STRANGEWAYS is 76m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Watford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watford, and where 51 STRANGEWAYS lies on this distribution: 6% of detached houses houses are smaller than 51 STRANGEWAYS, and 94% of houses are larger. Note that EPC data is not available for all properties in Watford.

51 STRANGEWAYS: Plot and Title Map

51 STRANGEWAYS sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 51 STRANGEWAYS, 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 STRANGEWAYS). 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 STRANGEWAYS?

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