OAKRIDGE, BELLMOUNT WOOD AVENUE, WATFORD, WD17 3BN - £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

OAKRIDGE is a midsized detached house of 143m², built sometime between 1950 and 1966. It was last sold for £1,000,000 in March 2022, which was around 8% above the average March 2022 detached price in the Watford local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

OAKRIDGE Sold Prices

Land registry data shows two sales for OAKRIDGE 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. One of the two OAKRIDGE sales was for above the average price, whilst the other was 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 25 MAR	£1,000,000	£927,209	8% above HPI
2021 19 OCT	£720,000	£918,172	22% below HPI

OAKRIDGE 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 OAKRIDGE sales from October 2021 and March 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 October 2021 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is OAKRIDGE?

OAKRIDGE is 143m² according to the EPC inspection conducted in August 2023. 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 OAKRIDGE lies on this distribution: 55% of detached houses are smaller than OAKRIDGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Watford.

OAKRIDGE: Plot and Title Map

OAKRIDGE sits on a plot of roughly 0.259 of an acre, or 1,048m². The below map shows the location of OAKRIDGE, 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 OAKRIDGE). 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 OAKRIDGE?

OAKRIDGE is located on BELLMOUNT WOOD AVENUE in WATFORD, in the WD17 postcode district. The below map shows the position of OAKRIDGE on BELLMOUNT WOOD AVENUE.