1, THE RIDGEWAY, RADLETT, WD7 8PZ - £2,975,000

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 THE RIDGEWAY is a very large detached house of 538m², built sometime from 2007 onwards. It was last sold for £2,975,000 in February 2016, which was around 228% above the average February 2016 detached price in the Hertsmere local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was C.

1 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 1 THE RIDGEWAY 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 THE RIDGEWAY 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 17 FEB	£2,975,000	£907,481	228% above HPI
2008 11 SEP	£980,000	£572,398	71% above HPI

1 THE RIDGEWAY 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 THE RIDGEWAY sales from September 2008 and February 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 September 2008 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the February 2016 sale, where it rises to 228% above the HPI. The line then continues to track at 228% above the HPI.

How Large is 1 THE RIDGEWAY?

1 THE RIDGEWAY is 538m² according to the EPC inspection conducted in July 2012. This puts it in the largest 10% 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 THE RIDGEWAY lies on this distribution: 95% of detached houses are smaller than 1 THE RIDGEWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Radlett.

1 THE RIDGEWAY: Plot and Title Map

1 THE RIDGEWAY sits on a plot of roughly 0.311 of an acre, or 1,260m². The below map shows the location of 1 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 1 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 1 THE RIDGEWAY?

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