15, PERCY ROAD, WATFORD, WD18 0QA - £450,000

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 PERCY ROAD is a very small terraced house of 84m², built sometime before 1900, which could now be worth an estimated £467,068. It was last sold for £450,000 in June 2021, which was around 13% above the average June 2021 terraced price in the Watford local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

15 PERCY ROAD Sold Prices

Land registry data shows four sales for 15 PERCY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Watford local authority area for the corresponding sale date. Most of the four 15 PERCY ROAD 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 30 JUN	£450,000	£397,155	13% above HPI
2012 24 JUL	£244,000	£225,748	8% above HPI
2010 1 MAR	£229,000	£203,290	13% above HPI
2007 29 AUG	£232,000	£233,856	1% below HPI

15 PERCY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Watford local authority area over time, sourced from the HPI. The four 15 PERCY ROAD sales between August 2007 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 July 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 15 PERCY ROAD be worth now?

15 PERCY ROAD might now be worth an estimated £467,068.

This is based on house price inflation of 3.8%, between June 2021 and June 2025, for terraced houses, in the Watford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 15 PERCY ROAD of £450,000 on 30th June 2021. For the value to have increased from £450,000 to £467,068 over the four years to June 2025, the following assumptions must hold true:

• The value of 15 PERCY ROAD has moved in line with the HPI for terraced houses in the Watford local authority area.
• The June 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PERCY ROAD has not materially changed since June 2021.

How Large is 15 PERCY ROAD?

15 PERCY ROAD is 84m² according to the EPC inspection conducted in May 2012. 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 PERCY ROAD lies on this distribution: 9% of terraced houses houses are smaller than 15 PERCY ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Watford.

15 PERCY ROAD: Plot and Title Map

15 PERCY ROAD sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 15 PERCY ROAD, 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 PERCY ROAD). 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 PERCY ROAD?

15 PERCY ROAD is located in WATFORD, in the WD18 postcode district. The below map shows the position of No. 15 on PERCY ROAD.