8, LAMB CLOSE, WATFORD, WD25 0TB - £500,000

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 LAMB CLOSE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £500,000 in August 2016, which was around 39% below the average August 2016 detached price in the Watford local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

8 LAMB CLOSE Sold Prices

Land registry data shows five sales for 8 LAMB CLOSE 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 LAMB CLOSE 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
2016 12 AUG	£500,000	£818,714	39% below HPI
2006 26 OCT	£295,000	£446,807	34% below HPI
2003 6 OCT	£270,000	£390,169	31% below HPI
2001 4 JUN	£216,000	£283,599	24% below HPI
1996 28 OCT	£110,000	£142,984	23% below HPI

8 LAMB CLOSE 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 LAMB CLOSE sales between October 1996 and August 2016 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 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 8 LAMB CLOSE?

8 LAMB CLOSE is 85m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% 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 LAMB CLOSE lies on this distribution: 10% of detached houses are smaller than 8 LAMB CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Watford.

8 LAMB CLOSE: Plot and Title Map

8 LAMB CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 8 LAMB CLOSE, 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 LAMB CLOSE). 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 LAMB CLOSE?

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