38, BALMORAL ROAD, WATFORD, WD24 4EP - £350,500

38 BALMORAL ROAD is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £350,500 in February 2015, which was around 45% below the average February 2015 detached price in the Watford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

38 BALMORAL ROAD Sold Prices

Land registry data shows two sales for 38 BALMORAL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Watford local authority area for the corresponding sale date. Both of the two 38 BALMORAL ROAD 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
2015 6 FEB	£350,500	£631,670	45% below HPI
2007 22 AUG	£285,000	£505,016	44% below HPI

38 BALMORAL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Watford local authority area over time, sourced from the HPI. The two 38 BALMORAL ROAD sales from August 2007 and February 2015 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 2007 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2015 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 38 BALMORAL ROAD?

38 BALMORAL ROAD is 83m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 38 BALMORAL ROAD lies on this distribution: 9% of detached houses are smaller than 38 BALMORAL ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Watford.

38 BALMORAL ROAD: Plot and Title Map

38 BALMORAL ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 38 BALMORAL 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 38 BALMORAL 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 38 BALMORAL ROAD?

38 BALMORAL ROAD is located in WATFORD, in the WD24 postcode district. The below map shows the position of No. 38 on BALMORAL ROAD.