72, GREENBANK ROAD, WATFORD, WD17 4FL - £250,000

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

72 GREENBANK ROAD is a very small extended detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £544,120. It was last sold for £250,000 in June 2005, which was around 39% below the average June 2005 detached price in the Watford local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

72 GREENBANK ROAD Sold Prices

Land registry data shows two sales for 72 GREENBANK ROAD 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 72 GREENBANK ROAD 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
2005 20 JUN	£250,000	£407,604	39% below HPI
1999 3 DEC	£139,950	£242,115	42% below HPI

72 GREENBANK ROAD 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 72 GREENBANK ROAD sales from December 1999 and June 2005 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 December 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2005 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 72 GREENBANK ROAD be worth now?

72 GREENBANK ROAD might now be worth an estimated £544,120.

This is based on house price inflation of 117.6%, between June 2005 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 117.6% inflationary increase is applied to the most recent sale price for 72 GREENBANK ROAD of £250,000 on 20th June 2005. For the value to have increased from £250,000 to £544,120 over the eighteen years and six months to December 2024, the following assumptions must hold true:

• The value of 72 GREENBANK ROAD has moved in line with the HPI for detached houses in the Watford local authority area.
• The June 2005 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 72 GREENBANK ROAD has not materially changed since June 2005.

How Large is 72 GREENBANK ROAD?

72 GREENBANK ROAD is 93m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% 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 72 GREENBANK ROAD lies on this distribution: 15% of detached houses houses are smaller than 72 GREENBANK ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Watford.

72 GREENBANK ROAD: Plot and Title Map

72 GREENBANK ROAD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 72 GREENBANK ROAD, 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 72 GREENBANK ROAD). 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 72 GREENBANK ROAD?

72 GREENBANK ROAD is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 72 on GREENBANK ROAD.