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

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

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 55% 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	£1,155,450	55% below HPI
2018 27 SEP	£470,000	£1,075,800	56% below HPI
2003 28 NOV	£250,000	£502,650	50% 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 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the April 2022 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 56A MARGEHOLES be worth now?

56A MARGEHOLES might now be worth an estimated £518,228.

This is based on house price deflation of 0.7%, between April 2022 and December 2024, for detached houses, in the Three Rivers local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for 56A MARGEHOLES of £522,000 on 14th April 2022. For the value to have decreased from £522,000 to £518,228 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 56A MARGEHOLES has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The April 2022 sale price of £522,000 represented a fair market value for the property.
• The size, condition, and specification of 56A MARGEHOLES has not materially changed since April 2022.

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 houses in Watford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watford, and where 56A MARGEHOLES lies on this distribution: 34% of detached houses 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.