89, PENROSE AVENUE, WATFORD, WD19 5AB - £475,000

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.

89 PENROSE AVENUE is a very small semi-detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £508,413. It was last sold for £475,000 in February 2021, which was around 9% below the average February 2021 semi-detached price in the Three Rivers local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

89 PENROSE AVENUE Sold Prices

Land registry data shows two sales for 89 PENROSE AVENUE 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 Three Rivers local authority area for the corresponding sale date. Both of the two 89 PENROSE AVENUE 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
2021 19 FEB	£475,000	£522,597	9% below HPI
1997 2 JUL	£81,000	£105,633	23% below HPI

89 PENROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Three Rivers local authority area over time, sourced from the HPI. The two 89 PENROSE AVENUE sales from July 1997 and February 2021 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 July 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 89 PENROSE AVENUE be worth now?

89 PENROSE AVENUE might now be worth an estimated £508,413.

This is based on house price inflation of 7%, between February 2021 and February 2025, for semi-detached houses, in the Three Rivers local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 89 PENROSE AVENUE of £475,000 on 19th February 2021. For the value to have increased from £475,000 to £508,413 over the four years to February 2025, the following assumptions must hold true:

• The value of 89 PENROSE AVENUE has moved in line with the HPI for semi-detached houses in the Three Rivers local authority area.
• The February 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 89 PENROSE AVENUE has not materially changed since February 2021.

How Large is 89 PENROSE AVENUE?

89 PENROSE AVENUE is 66m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% 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 89 PENROSE AVENUE lies on this distribution: 2% of semi-detached houses houses are smaller than 89 PENROSE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Watford.

89 PENROSE AVENUE: Plot and Title Map

89 PENROSE AVENUE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 89 PENROSE AVENUE, 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 89 PENROSE AVENUE). 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 89 PENROSE AVENUE?

89 PENROSE AVENUE is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 89 on PENROSE AVENUE.