8, THE PIPPINS, WATFORD, WD25 9LD - £770,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 THE PIPPINS is a midsized detached house of 135m², built sometime between 2003 and 2006. It was last sold for £770,000 in June 2022, which was around 19% below the average June 2022 detached price in the Watford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

8 THE PIPPINS Sold Prices

Land registry data shows two sales for 8 THE PIPPINS 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 THE PIPPINS 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
2022 27 JUN	£770,000	£952,470	19% below HPI
2010 15 DEC	£460,000	£490,043	6% below HPI

8 THE PIPPINS 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 THE PIPPINS sales from December 2010 and June 2022 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 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 THE PIPPINS?

8 THE PIPPINS is 135m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 THE PIPPINS lies on this distribution: 50% of detached houses are smaller than 8 THE PIPPINS, and 50% of houses are larger. Note that EPC data is not available for all properties in Watford.

8 THE PIPPINS: Plot and Title Map

8 THE PIPPINS sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 8 THE PIPPINS, 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 THE PIPPINS). 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 THE PIPPINS?

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