REDBRICKS, LEMONFIELD DRIVE, WATFORD, WD25 9TR - £360,000

REDBRICKS is a very small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £360,000 in December 2008, which was around 36% below the average December 2008 detached price in the Three Rivers local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

REDBRICKS Sold Prices

Land registry data shows two sales for REDBRICKS 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 REDBRICKS 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
2008 19 DEC	£360,000	£566,302	36% below HPI
1997 28 AUG	£132,000	£215,364	39% below HPI

REDBRICKS 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 REDBRICKS sales from August 1997 and December 2008 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 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2008 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is REDBRICKS?

REDBRICKS is 98m², which includes two extensions, according to the EPC inspection conducted in December 2017. 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 REDBRICKS lies on this distribution: 18% of detached houses are smaller than REDBRICKS, and 81% of houses are larger. Note that EPC data is not available for all properties in Watford.

REDBRICKS: Plot and Title Map

REDBRICKS sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of REDBRICKS, 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 REDBRICKS). 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 REDBRICKS?

REDBRICKS is located on LEMONFIELD DRIVE in WATFORD, in the WD25 postcode district. The below map shows the position of REDBRICKS on LEMONFIELD DRIVE.