2, THE COURTWAY, WATFORD, WD19 5DW - £472,500

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.

2 THE COURTWAY is a very small terraced house of 75m², which could now be worth an estimated £535,957. It was last sold for £472,500 in January 2021, which was around 16% above the average January 2021 terraced price in the Three Rivers local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.

2 THE COURTWAY Sold Prices

Land registry data shows two sales for 2 THE COURTWAY 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 2 THE COURTWAY 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 13 JAN	£472,500	£408,792	16% above HPI
2017 10 NOV	£555,000	£407,569	36% above HPI

2 THE COURTWAY 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 2 THE COURTWAY sales from November 2017 and January 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 2017 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 THE COURTWAY be worth now?

2 THE COURTWAY might now be worth an estimated £535,957.

This is based on house price inflation of 13.4%, between January 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 13.4% inflationary increase is applied to the most recent sale price for 2 THE COURTWAY of £472,500 on 13th January 2021. For the value to have increased from £472,500 to £535,957 over the three years and three months to October 2025, the following assumptions must hold true:

• The value of 2 THE COURTWAY has moved in line with the HPI for terraced houses in the Three Rivers local authority area.
• The January 2021 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE COURTWAY has not materially changed since January 2021.

How Large is 2 THE COURTWAY?

2 THE COURTWAY is 75m² according to the EPC inspection conducted in October 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 2 THE COURTWAY lies on this distribution: 5% of terraced houses houses are smaller than 2 THE COURTWAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Watford.

2 THE COURTWAY: Plot and Title Map

2 THE COURTWAY sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 2 THE COURTWAY, 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 2 THE COURTWAY). 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 2 THE COURTWAY?

2 THE COURTWAY is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 2 on THE COURTWAY.