41, NESTON ROAD, WATFORD, WD24 7BN - £370,000

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.

41 NESTON ROAD is a very small terraced house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £418,193. It was last sold for £370,000 in October 2016, which was around 1% above the average October 2016 terraced price in the Watford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

41 NESTON ROAD Sold Prices

Land registry data shows two sales for 41 NESTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Watford local authority area for the corresponding sale date. One of the two 41 NESTON ROAD sales was for above 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
2016 4 OCT	£370,000	£365,813	1% above HPI
1996 31 JAN	£57,000	£57,188	Close to HPI

41 NESTON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Watford local authority area over time, sourced from the HPI. The two 41 NESTON ROAD sales from January 1996 and October 2016 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 January 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2016 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 41 NESTON ROAD be worth now?

41 NESTON ROAD might now be worth an estimated £418,193.

This is based on house price inflation of 13%, between October 2016 and October 2025, for terraced houses, in the Watford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13% inflationary increase is applied to the most recent sale price for 41 NESTON ROAD of £370,000 on 4th October 2016. For the value to have increased from £370,000 to £418,193 over the nine years to October 2025, the following assumptions must hold true:

• The value of 41 NESTON ROAD has moved in line with the HPI for terraced houses in the Watford local authority area.
• The October 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 41 NESTON ROAD has not materially changed since October 2016.

How Large is 41 NESTON ROAD?

41 NESTON ROAD is 74m² according to the EPC inspection conducted in June 2016. 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 41 NESTON ROAD lies on this distribution: 5% of terraced houses houses are smaller than 41 NESTON ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Watford.

41 NESTON ROAD: Plot and Title Map

41 NESTON ROAD sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 41 NESTON 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 41 NESTON 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 41 NESTON ROAD?

41 NESTON ROAD is located in WATFORD, in the WD24 postcode district. The below map shows the position of No. 41 on NESTON ROAD.