1, WOODLANDS COTTAGES, OXHEY LANE, WATFORD, WD19 5RD - £299,000

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.

1 WOODLANDS COTTAGES is a very small terraced house of 42m², built sometime between 1900 and 1929, which could now be worth an estimated £338,159. It was last sold for £299,000 in February 2021, which was around 27% below the average February 2021 terraced price in the Three Rivers local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

1 WOODLANDS COTTAGES Sold Prices

Land registry data shows nine sales for 1 WOODLANDS COTTAGES since 1^st January 1995. The below table shows the price paid for the nine sales, along with the average terraced price in the Three Rivers local authority area for the corresponding sale date. All of the nine 1 WOODLANDS COTTAGES 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 5 FEB	£299,000	£409,997	27% below HPI
2018 26 JAN	£285,000	£408,737	30% below HPI
2015 1 MAY	£240,000	£336,084	29% below HPI
2011 28 JAN	£186,500	£248,545	25% below HPI
2007 26 JAN	£186,500	£233,759	20% below HPI
2003 28 MAR	£157,000	£177,958	12% below HPI
2002 2 APR	£122,000	£148,552	18% below HPI
2001 1 MAR	£103,000	£132,897	22% below HPI
1999 15 SEP	£79,950	£110,864	28% below HPI

1 WOODLANDS COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Three Rivers local authority area over time, sourced from the HPI. The nine 1 WOODLANDS COTTAGES sales between September 1999 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 January 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 WOODLANDS COTTAGES be worth now?

1 WOODLANDS COTTAGES might now be worth an estimated £338,159.

This is based on house price inflation of 13.1%, between February 2021 and October 2025, for terraced 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 13.1% inflationary increase is applied to the most recent sale price for 1 WOODLANDS COTTAGES of £299,000 on 5th February 2021. For the value to have increased from £299,000 to £338,159 over the three years and four months to October 2025, the following assumptions must hold true:

• The value of 1 WOODLANDS COTTAGES has moved in line with the HPI for terraced houses in the Three Rivers local authority area.
• The February 2021 sale price of £299,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WOODLANDS COTTAGES has not materially changed since February 2021.

How Large is 1 WOODLANDS COTTAGES?

1 WOODLANDS COTTAGES is 42m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses houses in Watford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Watford, and where 1 WOODLANDS COTTAGES lies on this distribution: Less than 1% of terraced houses houses are smaller than 1 WOODLANDS COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Watford.

1 WOODLANDS COTTAGES: Plot and Title Map

1 WOODLANDS COTTAGES sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 1 WOODLANDS COTTAGES, 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 1 WOODLANDS COTTAGES). 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 1 WOODLANDS COTTAGES?

1 WOODLANDS COTTAGES is located on OXHEY LANE in WATFORD, in the WD19 postcode district. The below map shows the position of 1 WOODLANDS COTTAGES on OXHEY LANE.