7, STRANGEWAYS, WATFORD, WD17 4SR - £720,000

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 STRANGEWAYS is a midsized extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £720,000 in August 2022, which was around 26% below the average August 2022 detached price in the Watford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.

7 STRANGEWAYS Sold Prices

Land registry data shows two sales for 7 STRANGEWAYS 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 STRANGEWAYS 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 4 AUG	£720,000	£970,262	26% below HPI
2012 18 MAY	£377,500	£518,315	27% below HPI

7 STRANGEWAYS 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 STRANGEWAYS sales from May 2012 and August 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 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 STRANGEWAYS?

7 STRANGEWAYS is 142m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 STRANGEWAYS lies on this distribution: 55% of detached houses are smaller than 7 STRANGEWAYS, and 45% of houses are larger. Note that EPC data is not available for all properties in Watford.

7 STRANGEWAYS: Plot and Title Map

7 STRANGEWAYS sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of 7 STRANGEWAYS, 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 STRANGEWAYS). 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 STRANGEWAYS?

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