7, COTTAGE CLOSE, WATFORD, WD17 3NN - £950,000

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

7 COTTAGE CLOSE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £950,000 in September 2011, which was around 93% above the average September 2011 detached price in the Watford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

7 COTTAGE CLOSE Sold Prices

Land registry data shows two sales for 7 COTTAGE CLOSE 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 7 COTTAGE CLOSE sales were for above 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
2011 30 SEP	£950,000	£492,428	93% above HPI
2005 20 JUN	£735,000	£407,604	80% above HPI

7 COTTAGE CLOSE 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 7 COTTAGE CLOSE sales from June 2005 and September 2011 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 June 2005 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the September 2011 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 7 COTTAGE CLOSE be worth now?

7 COTTAGE CLOSE might now be worth an estimated £1,711,489.

This is based on house price inflation of 80.2%, between September 2011 and December 2024, for detached houses, in the Watford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80.2% inflationary increase is applied to the most recent sale price for 7 COTTAGE CLOSE of £950,000 on 30th September 2011. For the value to have increased from £950,000 to £1,711,489 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 7 COTTAGE CLOSE has moved in line with the HPI for detached houses in the Watford local authority area.
• The September 2011 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COTTAGE CLOSE has not materially changed since September 2011.

How Large is 7 COTTAGE CLOSE?

7 COTTAGE CLOSE is 78m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% 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 7 COTTAGE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 7 COTTAGE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Watford.

7 COTTAGE CLOSE: Plot and Title Map

7 COTTAGE CLOSE sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of 7 COTTAGE CLOSE, 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 7 COTTAGE CLOSE). 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 7 COTTAGE CLOSE?

7 COTTAGE CLOSE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 7 on COTTAGE CLOSE.