15, CRANEFIELD DRIVE, WATFORD, WD25 9TX - £420,000

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.

15 CRANEFIELD DRIVE is a very small terraced house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £452,149. It was last sold for £420,000 in June 2021, which was about the average June 2021 terraced price in the Three Rivers local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

15 CRANEFIELD DRIVE Sold Prices

Land registry data shows four sales for 15 CRANEFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Three Rivers local authority area for the corresponding sale date. The four 15 CRANEFIELD DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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 4 JUN	£420,000	£418,403	Close to HPI
2016 7 NOV	£400,000	£390,341	2% above HPI
2005 15 JUL	£199,950	£210,369	5% below HPI
1999 2 NOV	£106,950	£112,792	5% below HPI

15 CRANEFIELD DRIVE 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 four 15 CRANEFIELD DRIVE sales between November 1999 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 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 CRANEFIELD DRIVE be worth now?

15 CRANEFIELD DRIVE might now be worth an estimated £452,149.

This is based on house price inflation of 7.7%, between June 2021 and May 2026, 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 7.7% inflationary increase is applied to the most recent sale price for 15 CRANEFIELD DRIVE of £420,000 on 4th June 2021. For the value to have increased from £420,000 to £452,149 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 15 CRANEFIELD DRIVE has moved in line with the HPI for terraced houses in the Three Rivers local authority area.
• The June 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CRANEFIELD DRIVE has not materially changed since June 2021.

How Large is 15 CRANEFIELD DRIVE?

15 CRANEFIELD DRIVE is 69m² according to the EPC inspection conducted in July 2016. 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 15 CRANEFIELD DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 15 CRANEFIELD DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Watford.

15 CRANEFIELD DRIVE: Plot and Title Map

15 CRANEFIELD DRIVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 15 CRANEFIELD DRIVE, 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 15 CRANEFIELD DRIVE). 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 15 CRANEFIELD DRIVE?

15 CRANEFIELD DRIVE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 15 on CRANEFIELD DRIVE.