7, MITCHELL CLOSE, ABBOTS LANGLEY, WD5 0TQ - £850,000

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 MITCHELL CLOSE is a small detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £784,730. It was last sold for £850,000 in October 2022, which was around 32% below the average October 2022 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

7 MITCHELL CLOSE Sold Prices

Land registry data shows two sales for 7 MITCHELL 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 Three Rivers local authority area for the corresponding sale date. Both of the two 7 MITCHELL CLOSE 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 31 OCT	£850,000	£1,242,510	32% below HPI
2008 9 MAY	£475,000	£655,823	28% below HPI

7 MITCHELL CLOSE 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 two 7 MITCHELL CLOSE sales from May 2008 and October 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 May 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 7 MITCHELL CLOSE be worth now?

7 MITCHELL CLOSE might now be worth an estimated £784,730.

This is based on house price deflation of 7.7%, between October 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 7.7% deflationary decrease is applied to the most recent sale price for 7 MITCHELL CLOSE of £850,000 on 31st October 2022. For the value to have decreased from £850,000 to £784,730 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 7 MITCHELL CLOSE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The October 2022 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MITCHELL CLOSE has not materially changed since October 2022.

How Large is 7 MITCHELL CLOSE?

7 MITCHELL CLOSE is 116m² according to the EPC inspection conducted in September 2020. 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 7 MITCHELL CLOSE lies on this distribution: 31% of detached houses houses are smaller than 7 MITCHELL CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Watford.

7 MITCHELL CLOSE: Plot and Title Map

7 MITCHELL CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 7 MITCHELL 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 MITCHELL 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 MITCHELL CLOSE?

7 MITCHELL CLOSE is located in ABBOTS LANGLEY, in the WD5 postcode district. The below map shows the position of No. 7 on MITCHELL CLOSE.