56A, MARGEHOLES, WATFORD, WD19 5AR - £522,000

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

56A MARGEHOLES is a small extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £522,000 in April 2022, which was around 51% below the average April 2022 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

56A MARGEHOLES Sold Prices

Land registry data shows three sales for 56A MARGEHOLES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the three 56A MARGEHOLES 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
2022 14 APR	£522,000	£1,075,062	51% below HPI
2018 27 SEP	£470,000	£1,000,957	53% below HPI
2003 28 NOV	£250,000	£467,681	47% below HPI

56A MARGEHOLES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The three 56A MARGEHOLES sales between November 2003 and April 2022 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 September 2018 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the April 2022 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 56A MARGEHOLES?

56A MARGEHOLES is 119m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 56A MARGEHOLES lies on this distribution: 34% of detached houses are smaller than 56A MARGEHOLES, and 66% of houses are larger. Note that EPC data is not available for all properties in Watford.

56A MARGEHOLES: Plot and Title Map

56A MARGEHOLES sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 56A MARGEHOLES, 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 56A MARGEHOLES). 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 56A MARGEHOLES?

56A MARGEHOLES is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 56A on MARGEHOLES.