24, CRANEFIELD DRIVE, WATFORD, WD25 9TX - £230,000

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.

24 CRANEFIELD DRIVE is a very small terraced house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £414,129. It was last sold for £230,000 in February 2011, which was around 8% below the average February 2011 terraced price in the Three Rivers local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

24 CRANEFIELD DRIVE Sold Prices

Land registry data shows two sales for 24 CRANEFIELD DRIVE 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. One of the two 24 CRANEFIELD DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2011 24 FEB	£230,000	£250,161	8% below HPI
2002 30 AUG	£164,000	£163,805	Close to HPI

24 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 two 24 CRANEFIELD DRIVE sales from August 2002 and February 2011 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 August 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2011 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 24 CRANEFIELD DRIVE be worth now?

24 CRANEFIELD DRIVE might now be worth an estimated £414,129.

This is based on house price inflation of 80.1%, between February 2011 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 80.1% inflationary increase is applied to the most recent sale price for 24 CRANEFIELD DRIVE of £230,000 on 24th February 2011. For the value to have increased from £230,000 to £414,129 over the fourteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 24 CRANEFIELD DRIVE has moved in line with the HPI for terraced houses in the Three Rivers local authority area.
• The February 2011 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CRANEFIELD DRIVE has not materially changed since February 2011.

How Large is 24 CRANEFIELD DRIVE?

24 CRANEFIELD DRIVE is 71m² according to the EPC inspection conducted in April 2010. 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 24 CRANEFIELD DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 24 CRANEFIELD DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Watford.

24 CRANEFIELD DRIVE: Plot and Title Map

24 CRANEFIELD DRIVE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 24 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 24 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 24 CRANEFIELD DRIVE?

24 CRANEFIELD DRIVE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 24 on CRANEFIELD DRIVE.