77, THE RIDGEWAY, WATFORD, WD17 4TJ - £500,000

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

77 THE RIDGEWAY is a very large extended detached house of 219m², built sometime between 1930 and 1949. It was last sold for £500,000 in October 2020, which was around 41% below the average October 2020 detached price in the Watford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

77 THE RIDGEWAY Sold Prices

Land registry data shows four sales for 77 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Watford local authority area for the corresponding sale date. Most of the four 77 THE RIDGEWAY 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
2020 14 OCT	£500,000	£847,197	41% below HPI
2013 30 OCT	£665,000	£519,657	28% above HPI
2005 31 AUG	£575,000	£399,722	44% above HPI
1999 1 DEC	£305,000	£242,115	26% above HPI

77 THE RIDGEWAY 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 four 77 THE RIDGEWAY sales between December 1999 and October 2020 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 October 2013 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 77 THE RIDGEWAY be worth now?

77 THE RIDGEWAY might now be worth an estimated £523,575.

This is based on house price inflation of 4.7%, between October 2020 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 4.7% inflationary increase is applied to the most recent sale price for 77 THE RIDGEWAY of £500,000 on 14th October 2020. For the value to have increased from £500,000 to £523,575 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 77 THE RIDGEWAY has moved in line with the HPI for detached houses in the Watford local authority area.
• The October 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 77 THE RIDGEWAY has not materially changed since October 2020.

How Large is 77 THE RIDGEWAY?

77 THE RIDGEWAY is 219m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 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 77 THE RIDGEWAY lies on this distribution: 90% of detached houses houses are smaller than 77 THE RIDGEWAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Watford.

77 THE RIDGEWAY: Plot and Title Map

77 THE RIDGEWAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 77 THE RIDGEWAY, 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 77 THE RIDGEWAY). 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 77 THE RIDGEWAY?

77 THE RIDGEWAY is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 77 on THE RIDGEWAY.