9, PARK ROAD, WATFORD, WD17 4QP - £430,000

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.

9 PARK ROAD is a very small extended semi-detached house of 88m², built sometime between 1900 and 1929, which could now be worth an estimated £425,046. It was last sold for £430,000 in June 2022, which was around 18% below the average June 2022 semi-detached price in the Watford local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

9 PARK ROAD Sold Prices

Land registry data shows two sales for 9 PARK ROAD 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 9 PARK ROAD 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
2022 10 JUN	£430,000	£521,295	18% below HPI
1999 7 JUN	£130,000	£110,951	17% above HPI

9 PARK ROAD 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 9 PARK ROAD sales from June 1999 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 June 1999 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 9 PARK ROAD be worth now?

9 PARK ROAD might now be worth an estimated £425,046.

This is based on house price deflation of 1.2%, between June 2022 and February 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 1.2% deflationary decrease is applied to the most recent sale price for 9 PARK ROAD of £430,000 on 10th June 2022. For the value to have decreased from £430,000 to £425,046 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 9 PARK ROAD has moved in line with the HPI for semi-detached houses in the Watford local authority area.
• The June 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PARK ROAD has not materially changed since June 2022.

How Large is 9 PARK ROAD?

9 PARK ROAD is 88m², which includes one extension, according to the EPC inspection conducted in July 2018. 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 9 PARK ROAD lies on this distribution: 12% of semi-detached houses houses are smaller than 9 PARK ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Watford.

9 PARK ROAD: Plot and Title Map

9 PARK ROAD sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 9 PARK ROAD, 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 9 PARK ROAD). 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 9 PARK ROAD?

9 PARK ROAD is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 9 on PARK ROAD.