6, LOUVAIN WAY, WATFORD, WD25 7EJ - £470,000

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

6 LOUVAIN WAY is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £470,000 in January 2020, which was around 42% below the average January 2020 detached price in the Watford local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

6 LOUVAIN WAY Sold Prices

Land registry data shows three sales for 6 LOUVAIN WAY 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 6 LOUVAIN WAY 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
2020 24 JAN	£470,000	£812,420	42% below HPI
2012 30 NOV	£300,000	£517,712	42% below HPI
2004 2 SEP	£243,000	£414,460	41% below HPI

6 LOUVAIN WAY 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 6 LOUVAIN WAY sales between September 2004 and January 2020 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 November 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2020 sale, which was also at 42% below the HPI.

How Large is 6 LOUVAIN WAY?

6 LOUVAIN WAY is 79m², which includes one extension, according to the EPC inspection conducted in July 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 6 LOUVAIN WAY lies on this distribution: 7% of detached houses are smaller than 6 LOUVAIN WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Watford.

6 LOUVAIN WAY: Plot and Title Map

6 LOUVAIN WAY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 6 LOUVAIN WAY, 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 6 LOUVAIN WAY). 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 6 LOUVAIN WAY?

6 LOUVAIN WAY is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 6 on LOUVAIN WAY.