7, PARK AVENUE, WATFORD, WD18 7HR - £800,000

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

7 PARK AVENUE is a very large extended detached house of 268m², built sometime between 1930 and 1949. It was last sold for £800,000 in April 2008, which was around 66% above the average April 2008 detached price in the Watford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

7 PARK AVENUE Sold Prices

Land registry data shows two sales for 7 PARK AVENUE 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 PARK AVENUE 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
2008 29 APR	£800,000	£480,562	66% above HPI
2002 13 JUN	£550,000	£319,639	72% above HPI

7 PARK AVENUE 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 PARK AVENUE sales from June 2002 and April 2008 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 2002 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the April 2008 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 7 PARK AVENUE?

7 PARK AVENUE is 268m², which includes four extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 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 7 PARK AVENUE lies on this distribution: 96% of detached houses are smaller than 7 PARK AVENUE, and 4% of houses are larger. Note that EPC data is not available for all properties in Watford.

7 PARK AVENUE: Plot and Title Map

7 PARK AVENUE sits on a plot of roughly 0.239 of an acre, or 968m². The below map shows the location of 7 PARK AVENUE, 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 PARK AVENUE). 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 PARK AVENUE?

7 PARK AVENUE is located in WATFORD, in the WD18 postcode district. The below map shows the position of No. 7 on PARK AVENUE.