THE NOOK, WOODSIDE ROAD, WATFORD, WD25 0LB - £790,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE NOOK is a small extended detached house of 122m², built sometime between 1950 and 1966. It was last sold for £790,000 in August 2023, which was around 34% below the average August 2023 detached price in the Three Rivers local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows three sales for THE NOOK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the three THE NOOK 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
2023 10 AUG	£790,000	£1,201,580	34% below HPI
2001 26 OCT	£250,000	£428,284	42% below HPI
1996 23 AUG	£131,000	£195,259	33% below HPI

THE NOOK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The three THE NOOK sales between August 1996 and August 2023 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2023 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might THE NOOK be worth now?

THE NOOK might now be worth an estimated £754,181.

This is based on house price deflation of 4.5%, between August 2023 and December 2024, for 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 4.5% deflationary decrease is applied to the most recent sale price for THE NOOK of £790,000 on 10th August 2023. For the value to have decreased from £790,000 to £754,181 over the eight months to December 2024, the following assumptions must hold true:

• The value of THE NOOK has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The August 2023 sale price of £790,000 represented a fair market value for the property.
• The size, condition, and specification of THE NOOK has not materially changed since August 2023.

How Large is THE NOOK?

THE NOOK is 122m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses houses in Watford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watford, and where THE NOOK lies on this distribution: 36% of detached houses houses are smaller than THE NOOK, and 63% of houses are larger. Note that EPC data is not available for all properties in Watford.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of THE NOOK, 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 THE NOOK). 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 THE NOOK?

THE NOOK is located on WOODSIDE ROAD in WATFORD, in the WD25 postcode district. The below map shows the position of THE NOOK on WOODSIDE ROAD.