1, LOOM PLACE, RADLETT, WD7 8AF - £2,110,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LOOM PLACE is a large extended detached house of 290m², built sometime between 1930 and 1949. It was last sold for £2,110,000 in June 2017, which was around 123% above the average June 2017 detached price in the Hertsmere local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

1 LOOM PLACE Sold Prices

Land registry data shows two sales for 1 LOOM PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. Both of the two 1 LOOM PLACE 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
2017 20 JUN	£2,110,000	£946,382	123% above HPI
2007 4 MAY	£1,512,500	£547,314	176% above HPI

1 LOOM PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hertsmere local authority area over time, sourced from the HPI. The two 1 LOOM PLACE sales from May 2007 and June 2017 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 May 2007 sale was for 176% above the HPI. So the extrapolation line tracks at 176% above the HPI over time, until the June 2017 sale, where it falls to 123% above the HPI. The line then continues to track at 123% above the HPI.

How Large is 1 LOOM PLACE?

1 LOOM PLACE is 290m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where 1 LOOM PLACE lies on this distribution: 71% of detached houses are smaller than 1 LOOM PLACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Radlett.

1 LOOM PLACE: Plot and Title Map

1 LOOM PLACE sits on a plot of roughly 0.374 of an acre, or 1,515m². The below map shows the location of 1 LOOM PLACE, 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 1 LOOM PLACE). 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 1 LOOM PLACE?

1 LOOM PLACE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 1 on LOOM PLACE.