6, THE PIPPINS, WATFORD, WD25 9LD - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 THE PIPPINS is a very small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £500,000 in July 2019, which was around 38% below the average July 2019 detached price in the Watford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

6 THE PIPPINS Sold Prices

Land registry data shows two sales for 6 THE PIPPINS 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 6 THE PIPPINS 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
2019 15 JUL	£500,000	£803,830	38% below HPI
2001 19 APR	£240,000	£283,031	15% below HPI

6 THE PIPPINS 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 6 THE PIPPINS sales from April 2001 and July 2019 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 April 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 6 THE PIPPINS?

6 THE PIPPINS is 92m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 6 THE PIPPINS lies on this distribution: 14% of detached houses are smaller than 6 THE PIPPINS, and 86% of houses are larger. Note that EPC data is not available for all properties in Watford.

6 THE PIPPINS: Plot and Title Map

6 THE PIPPINS sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 6 THE PIPPINS, 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 THE PIPPINS). 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 THE PIPPINS?

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