4, MUTCHETTS CLOSE, WATFORD, WD25 9TS - £470,000

4 MUTCHETTS CLOSE is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £470,000 in March 2021, which was around 55% below the average March 2021 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

4 MUTCHETTS CLOSE Sold Prices

Land registry data shows two sales for 4 MUTCHETTS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. Both of the two 4 MUTCHETTS CLOSE 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
2021 16 MAR	£470,000	£1,033,375	55% below HPI
1997 29 OCT	£95,000	£227,825	58% below HPI

4 MUTCHETTS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The two 4 MUTCHETTS CLOSE sales from October 1997 and March 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 October 1997 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the March 2021 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 4 MUTCHETTS CLOSE?

4 MUTCHETTS CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 4 MUTCHETTS CLOSE lies on this distribution: 15% of detached houses are smaller than 4 MUTCHETTS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Watford.

4 MUTCHETTS CLOSE: Plot and Title Map

4 MUTCHETTS CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 4 MUTCHETTS CLOSE, 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 4 MUTCHETTS CLOSE). 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 4 MUTCHETTS CLOSE?

4 MUTCHETTS CLOSE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 4 on MUTCHETTS CLOSE.