8, ASPEN PARK DRIVE, WATFORD, WD25 0RS - £575,000

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

8 ASPEN PARK DRIVE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £575,000 in January 2023, which was around 41% below the average January 2023 detached price in the Watford local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

8 ASPEN PARK DRIVE Sold Prices

Land registry data shows five sales for 8 ASPEN PARK DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the five 8 ASPEN PARK DRIVE 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
2023 13 JAN	£575,000	£972,807	41% below HPI
2017 19 SEP	£480,000	£814,067	41% below HPI
2015 12 NOV	£435,000	£735,465	41% below HPI
2006 8 SEP	£294,000	£444,024	34% below HPI
1999 14 MAY	£157,500	£205,256	23% below HPI

8 ASPEN PARK DRIVE 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 five 8 ASPEN PARK DRIVE sales between May 1999 and January 2023 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 September 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2023 sale, which was also at 41% below the HPI.

How Large is 8 ASPEN PARK DRIVE?

8 ASPEN PARK DRIVE is 86m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 8 ASPEN PARK DRIVE lies on this distribution: 10% of detached houses are smaller than 8 ASPEN PARK DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Watford.

8 ASPEN PARK DRIVE: Plot and Title Map

8 ASPEN PARK DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 8 ASPEN PARK DRIVE, 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 8 ASPEN PARK DRIVE). 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 8 ASPEN PARK DRIVE?

8 ASPEN PARK DRIVE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 8 on ASPEN PARK DRIVE.