WEDGEWAYS, THE DRIVE, WATFORD, WD17 4JT - £675,000

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.

WEDGEWAYS is a small extended semi-detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £804,229. It was last sold for £675,000 in July 2018, which was around 53% above the average July 2018 semi-detached price in the Watford local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

WEDGEWAYS Sold Prices

Land registry data shows two sales for WEDGEWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Watford local authority area for the corresponding sale date. Both of the two WEDGEWAYS 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
2018 12 JUL	£675,000	£440,585	53% above HPI
2013 29 NOV	£325,000	£284,588	14% above HPI

WEDGEWAYS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Watford local authority area over time, sourced from the HPI. The two WEDGEWAYS sales from November 2013 and July 2018 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 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2018 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might WEDGEWAYS be worth now?

WEDGEWAYS might now be worth an estimated £804,229.

This is based on house price inflation of 19.1%, between July 2018 and March 2025, for semi-detached 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 19.1% inflationary increase is applied to the most recent sale price for WEDGEWAYS of £675,000 on 12th July 2018. For the value to have increased from £675,000 to £804,229 over the seven years and four months to March 2025, the following assumptions must hold true:

• The value of WEDGEWAYS has moved in line with the HPI for semi-detached houses in the Watford local authority area.
• The July 2018 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of WEDGEWAYS has not materially changed since July 2018.

How Large is WEDGEWAYS?

WEDGEWAYS is 108m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of semi-detached houses houses in Watford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watford, and where WEDGEWAYS lies on this distribution: 25% of semi-detached houses houses are smaller than WEDGEWAYS, and 75% of houses are larger. Note that EPC data is not available for all properties in Watford.

WEDGEWAYS: Plot and Title Map

WEDGEWAYS sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of WEDGEWAYS, 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 WEDGEWAYS). 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 WEDGEWAYS?

WEDGEWAYS is located on THE DRIVE in WATFORD, in the WD17 postcode district. The below map shows the position of WEDGEWAYS on THE DRIVE.