53, RICHMOND DRIVE, WATFORD, WD17 3BQ - £475,000

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

53 RICHMOND DRIVE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £475,000 in October 2011, which was around 5% below the average October 2011 detached price in the Watford local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

53 RICHMOND DRIVE Sold Prices

Land registry data shows three sales for 53 RICHMOND DRIVE since 1^st 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 53 RICHMOND DRIVE 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
2011 18 OCT	£475,000	£502,196	5% below HPI
1998 30 OCT	£145,000	£199,878	27% below HPI
1997 3 JAN	£129,950	£147,626	12% below HPI

53 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 three 53 RICHMOND DRIVE sales between January 1997 and October 2011 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 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2011 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 53 RICHMOND DRIVE?

53 RICHMOND DRIVE is 70m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 53 RICHMOND DRIVE lies on this distribution: 4% of detached houses are smaller than 53 RICHMOND DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Watford.

53 RICHMOND DRIVE: Plot and Title Map

53 RICHMOND DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 53 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 53 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 53 RICHMOND DRIVE?

53 RICHMOND DRIVE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 53 on RICHMOND DRIVE.