5, ROYCE GROVE, LEAVESDEN, WATFORD, WD25 7GB - £603,000

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.

5 ROYCE GROVE is a midsized extended terraced house of 136m², built sometime between 1996 and 2002, which could now be worth an estimated £688,829. It was last sold for £603,000 in June 2016, which was around 53% above the average June 2016 terraced price in the Three Rivers local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

5 ROYCE GROVE Sold Prices

Land registry data shows three sales for 5 ROYCE GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Three Rivers local authority area for the corresponding sale date. All of the three 5 ROYCE GROVE sales were for above 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 JUN	£603,000	£392,991	53% above HPI
2005 24 JUN	£250,000	£208,012	20% above HPI
2001 30 MAR	£188,995	£132,897	42% above HPI

5 ROYCE GROVE 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 three 5 ROYCE GROVE sales between March 2001 and June 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 June 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2016 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 5 ROYCE GROVE be worth now?

5 ROYCE GROVE might now be worth an estimated £688,829.

This is based on house price inflation of 14.2%, between June 2016 and June 2025, 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 14.2% inflationary increase is applied to the most recent sale price for 5 ROYCE GROVE of £603,000 on 30th June 2016. For the value to have increased from £603,000 to £688,829 over the nine years to June 2025, the following assumptions must hold true:

• The value of 5 ROYCE GROVE has moved in line with the HPI for terraced houses in the Three Rivers local authority area.
• The June 2016 sale price of £603,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ROYCE GROVE has not materially changed since June 2016.

How Large is 5 ROYCE GROVE?

5 ROYCE GROVE is 136m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% 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 5 ROYCE GROVE lies on this distribution: 50% of terraced houses houses are smaller than 5 ROYCE GROVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Watford.

5 ROYCE GROVE: Plot and Title Map

5 ROYCE GROVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 5 ROYCE GROVE, 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 5 ROYCE GROVE). 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 5 ROYCE GROVE?

5 ROYCE GROVE is located in LEAVESDEN, in the WD25 postcode district. The below map shows the position of No. 5 on ROYCE GROVE.