45, THE RIDGEWAY, WATFORD, WD17 4TJ - £825,000

45 THE RIDGEWAY is a small extended detached house of 112m², built sometime between 1930 and 1949. It was last sold for £825,000 in November 2016, which was about the average November 2016 detached price in the Watford local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

45 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 45 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Watford local authority area for the corresponding sale date. The three 45 THE RIDGEWAY sales were a mix of roughly equal to the average price, and 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
2016 30 NOV	£825,000	£822,582	Close to HPI
2011 14 NOV	£490,000	£501,875	2% below HPI
2002 15 NOV	£335,000	£375,515	11% below HPI

45 THE RIDGEWAY 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 three 45 THE RIDGEWAY sales between November 2002 and November 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 November 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 45 THE RIDGEWAY?

45 THE RIDGEWAY is 112m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 45 THE RIDGEWAY lies on this distribution: 30% of detached houses are smaller than 45 THE RIDGEWAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Watford.

45 THE RIDGEWAY: Plot and Title Map

45 THE RIDGEWAY sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 45 THE RIDGEWAY, 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 45 THE RIDGEWAY). 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 45 THE RIDGEWAY?

45 THE RIDGEWAY is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 45 on THE RIDGEWAY.