55, ORCHARD DRIVE, WATFORD, WD17 3DX - £495,000

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

55 ORCHARD DRIVE is a very large extended detached house of 191m², built sometime between 1930 and 1949. It was last sold for £495,000 in July 2009, which was around 15% above the average July 2009 detached price in the Watford local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

55 ORCHARD DRIVE Sold Prices

Land registry data shows two sales for 55 ORCHARD 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. Both of the two 55 ORCHARD DRIVE sales were for above 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
2009 24 JUL	£495,000	£430,303	15% above HPI
1996 24 JAN	£165,000	£137,728	20% above HPI

55 ORCHARD 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 55 ORCHARD DRIVE sales from January 1996 and July 2009 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 January 1996 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2009 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 55 ORCHARD DRIVE?

55 ORCHARD DRIVE is 191m², which includes three extensions, according to the EPC inspection conducted in November 2023. 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 55 ORCHARD DRIVE lies on this distribution: 82% of detached houses are smaller than 55 ORCHARD DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Watford.

55 ORCHARD DRIVE: Plot and Title Map

55 ORCHARD DRIVE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 55 ORCHARD 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 55 ORCHARD 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 55 ORCHARD DRIVE?

55 ORCHARD DRIVE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 55 on ORCHARD DRIVE.