22, CRANEFIELD DRIVE, WATFORD, WD25 9TX - £299,950

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.

22 CRANEFIELD DRIVE is a very small terraced house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £420,608. It was last sold for £299,950 in December 2014, which was around 7% below the average December 2014 terraced price in the Three Rivers local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

22 CRANEFIELD DRIVE Sold Prices

Land registry data shows five sales for 22 CRANEFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Three Rivers local authority area for the corresponding sale date. All of the five 22 CRANEFIELD DRIVE 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
2014 18 DEC	£299,950	£321,217	7% below HPI
2013 4 APR	£236,500	£267,012	11% below HPI
2012 2 FEB	£236,000	£246,503	4% below HPI
2003 4 DEC	£184,000	£189,057	3% below HPI
1998 29 SEP	£87,000	£97,458	11% below HPI

22 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 five 22 CRANEFIELD DRIVE sales between September 1998 and December 2014 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 April 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 22 CRANEFIELD DRIVE be worth now?

22 CRANEFIELD DRIVE might now be worth an estimated £420,608.

This is based on house price inflation of 40.2%, between December 2014 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 40.2% inflationary increase is applied to the most recent sale price for 22 CRANEFIELD DRIVE of £299,950 on 18th December 2014. For the value to have increased from £299,950 to £420,608 over the twelve years and seven months to May 2026, the following assumptions must hold true:

• The value of 22 CRANEFIELD DRIVE has moved in line with the HPI for terraced houses in the Three Rivers local authority area.
• The December 2014 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 22 CRANEFIELD DRIVE has not materially changed since December 2014.

How Large is 22 CRANEFIELD DRIVE?

22 CRANEFIELD DRIVE is 67m² according to the EPC inspection conducted in July 2011. 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 22 CRANEFIELD DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 22 CRANEFIELD DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Watford.

22 CRANEFIELD DRIVE: Plot and Title Map

22 CRANEFIELD DRIVE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 22 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 22 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 22 CRANEFIELD DRIVE?

22 CRANEFIELD DRIVE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 22 on CRANEFIELD DRIVE.