148, PENROSE AVENUE, WATFORD, WD19 5AH - £575,000

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.

148 PENROSE AVENUE is a midsized extended terraced house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £637,241. It was last sold for £575,000 in June 2021, which was around 37% above the average June 2021 terraced price in the Three Rivers local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

148 PENROSE AVENUE Sold Prices

Land registry data shows two sales for 148 PENROSE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Three Rivers local authority area for the corresponding sale date. Both of the two 148 PENROSE AVENUE 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 24 JUN	£575,000	£418,403	37% above HPI
2012 30 NOV	£320,000	£263,041	22% above HPI

148 PENROSE AVENUE 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 two 148 PENROSE AVENUE sales from November 2012 and June 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 November 2012 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 148 PENROSE AVENUE be worth now?

148 PENROSE AVENUE might now be worth an estimated £637,241.

This is based on house price inflation of 10.8%, between June 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 10.8% inflationary increase is applied to the most recent sale price for 148 PENROSE AVENUE of £575,000 on 24th June 2021. For the value to have increased from £575,000 to £637,241 over the three years and eight months to October 2025, the following assumptions must hold true:

• The value of 148 PENROSE AVENUE has moved in line with the HPI for terraced houses in the Three Rivers local authority area.
• The June 2021 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 148 PENROSE AVENUE has not materially changed since June 2021.

How Large is 148 PENROSE AVENUE?

148 PENROSE AVENUE is 138m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% 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 148 PENROSE AVENUE lies on this distribution: 51% of terraced houses houses are smaller than 148 PENROSE AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Watford.

148 PENROSE AVENUE: Plot and Title Map

148 PENROSE AVENUE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 148 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 148 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 148 PENROSE AVENUE?

148 PENROSE AVENUE is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 148 on PENROSE AVENUE.