64, THE RIDGEWAY, WATFORD, WD17 4TL - £700,000

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

64 THE RIDGEWAY is a small extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £700,000 in September 2018, which was around 14% below the average September 2018 detached price in the Watford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was E.

64 THE RIDGEWAY Sold Prices

Land registry data shows four sales for 64 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the four 64 THE RIDGEWAY 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
2018 14 SEP	£700,000	£810,945	14% below HPI
2009 21 AUG	£390,000	£431,569	10% below HPI
2002 10 MAY	£100,000	£321,282	69% below HPI
2000 19 JUN	£249,930	£268,970	7% below HPI

64 THE RIDGEWAY 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 four 64 THE RIDGEWAY sales between June 2000 and September 2018 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 August 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 64 THE RIDGEWAY?

64 THE RIDGEWAY is 101m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 64 THE RIDGEWAY lies on this distribution: 20% of detached houses are smaller than 64 THE RIDGEWAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Watford.

64 THE RIDGEWAY: Plot and Title Map

64 THE RIDGEWAY sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 64 THE RIDGEWAY, 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 64 THE RIDGEWAY). 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 64 THE RIDGEWAY?

64 THE RIDGEWAY is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 64 on THE RIDGEWAY.