98, PARK ROAD, WATFORD, WD17 4QL - £1,000,000

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

98 PARK ROAD is a very large detached house of 211m², built sometime between 1900 and 1929. It was last sold for £1,000,000 in May 2021, which was around 15% above the average May 2021 detached price in the Watford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

98 PARK ROAD Sold Prices

Land registry data shows two sales for 98 PARK ROAD 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 98 PARK ROAD sales were 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
2021 10 MAY	£1,000,000	£868,280	15% above HPI
2001 12 OCT	£460,000	£309,748	49% above HPI

98 PARK ROAD 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 98 PARK ROAD sales from October 2001 and May 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 October 2001 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 98 PARK ROAD?

98 PARK ROAD is 211m² according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 98 PARK ROAD lies on this distribution: 88% of detached houses are smaller than 98 PARK ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Watford.

98 PARK ROAD: Plot and Title Map

98 PARK ROAD sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 98 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 98 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 98 PARK ROAD?

98 PARK ROAD is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 98 on PARK ROAD.