8, REDHEATH CLOSE, WATFORD, WD25 7AH - £393,800

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 REDHEATH CLOSE is a very small extended semi-detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £513,158. It was last sold for £393,800 in April 2016, which was around 2% below the average April 2016 semi-detached price in the Watford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

8 REDHEATH CLOSE Sold Prices

Land registry data shows two sales for 8 REDHEATH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Watford local authority area for the corresponding sale date. One of the two 8 REDHEATH CLOSE sales was for below the average price, whilst the other was 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
2016 11 APR	£393,800	£402,838	2% below HPI
2001 19 DEC	£170,000	£153,542	11% above HPI

8 REDHEATH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Watford local authority area over time, sourced from the HPI. The two 8 REDHEATH CLOSE sales from December 2001 and April 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 December 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 8 REDHEATH CLOSE be worth now?

8 REDHEATH CLOSE might now be worth an estimated £513,158.

This is based on house price inflation of 30.3%, between April 2016 and March 2025, for semi-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 30.3% inflationary increase is applied to the most recent sale price for 8 REDHEATH CLOSE of £393,800 on 11th April 2016. For the value to have increased from £393,800 to £513,158 over the nine years and one month to March 2025, the following assumptions must hold true:

• The value of 8 REDHEATH CLOSE has moved in line with the HPI for semi-detached houses in the Watford local authority area.
• The April 2016 sale price of £393,800 represented a fair market value for the property.
• The size, condition, and specification of 8 REDHEATH CLOSE has not materially changed since April 2016.

How Large is 8 REDHEATH CLOSE?

8 REDHEATH CLOSE is 94m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of semi-detached houses houses in Watford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watford, and where 8 REDHEATH CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 8 REDHEATH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Watford.

8 REDHEATH CLOSE: Plot and Title Map

8 REDHEATH CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 8 REDHEATH 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 REDHEATH 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 REDHEATH CLOSE?

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