8, HOLME LEA, WATFORD, WD25 0ND - £605,000

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

8 HOLME LEA is a large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £605,000 in July 2019, which was around 23% below the average July 2019 detached price in the Watford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

8 HOLME LEA Sold Prices

Land registry data shows two sales for 8 HOLME LEA 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 8 HOLME LEA 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
2019 5 JUL	£605,000	£786,408	23% below HPI
2003 5 SEP	£235,500	£374,501	37% below HPI

8 HOLME LEA 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 HOLME LEA sales from September 2003 and July 2019 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 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 HOLME LEA be worth now?

8 HOLME LEA might now be worth an estimated £682,497.

This is based on house price inflation of 12.8%, between July 2019 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 12.8% inflationary increase is applied to the most recent sale price for 8 HOLME LEA of £605,000 on 5th July 2019. For the value to have increased from £605,000 to £682,497 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 HOLME LEA has moved in line with the HPI for detached houses in the Watford local authority area.
• The July 2019 sale price of £605,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HOLME LEA has not materially changed since July 2019.

How Large is 8 HOLME LEA?

8 HOLME LEA is 174m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 30% 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 8 HOLME LEA lies on this distribution: 75% of detached houses houses are smaller than 8 HOLME LEA, and 24% of houses are larger. Note that EPC data is not available for all properties in Watford.

8 HOLME LEA: Plot and Title Map

8 HOLME LEA sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 8 HOLME LEA, 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 HOLME LEA). 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 HOLME LEA?

8 HOLME LEA is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 8 on HOLME LEA.