121, PENROSE AVENUE, WATFORD, WD19 5AA - £500,000

121 PENROSE AVENUE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £500,000 in May 2022, which was around 56% below the average May 2022 detached price in the Three Rivers local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

121 PENROSE AVENUE Sold Prices

Land registry data shows two sales for 121 PENROSE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. Both of the two 121 PENROSE AVENUE 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
2022 31 MAY	£500,000	£1,136,847	56% below HPI
2021 29 NOV	£445,000	£1,105,432	60% below HPI

121 PENROSE AVENUE 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 two 121 PENROSE AVENUE sales from November 2021 and May 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 November 2021 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the May 2022 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 121 PENROSE AVENUE?

121 PENROSE AVENUE is 68m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 121 PENROSE AVENUE lies on this distribution: 3% of detached houses are smaller than 121 PENROSE AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Watford.

121 PENROSE AVENUE: Plot and Title Map

121 PENROSE AVENUE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 121 PENROSE AVENUE, 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 121 PENROSE AVENUE). 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 121 PENROSE AVENUE?

121 PENROSE AVENUE is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 121 on PENROSE AVENUE.