8, CEDAR ROAD, WATFORD, WD19 4QW - £650,000

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 CEDAR ROAD is a small detached house of 120m², built sometime between 1900 and 1929. It was last sold for £650,000 in November 2011, which was around 30% above the average November 2011 detached price in the Watford local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

8 CEDAR ROAD Sold Prices

Land registry data shows two sales for 8 CEDAR 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. One of the two 8 CEDAR ROAD sales was for above the average price, whilst the other was 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
2011 7 NOV	£650,000	£501,875	30% above HPI
1997 31 OCT	£165,000	£183,667	10% below HPI

8 CEDAR 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 8 CEDAR ROAD sales from October 1997 and November 2011 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2011 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 8 CEDAR ROAD?

8 CEDAR ROAD is 120m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% 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 CEDAR ROAD lies on this distribution: 36% of detached houses are smaller than 8 CEDAR ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Watford.

8 CEDAR ROAD: Plot and Title Map

8 CEDAR ROAD sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of 8 CEDAR 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 8 CEDAR 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 8 CEDAR ROAD?

8 CEDAR ROAD is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 8 on CEDAR ROAD.