10, RAPHAEL CLOSE, SHENLEY, RADLETT, WD7 9JG - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 RAPHAEL CLOSE is a small detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £755,168. It was last sold for £450,000 in October 2012, which was around 34% below the average October 2012 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

10 RAPHAEL CLOSE Sold Prices

Land registry data shows two sales for 10 RAPHAEL CLOSE 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 10 RAPHAEL CLOSE 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
2012 16 OCT	£450,000	£683,991	34% below HPI
1999 7 JUL	£196,000	£293,527	33% below HPI

10 RAPHAEL CLOSE 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 10 RAPHAEL CLOSE sales from July 1999 and October 2012 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 July 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2012 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 10 RAPHAEL CLOSE be worth now?

10 RAPHAEL CLOSE might now be worth an estimated £755,168.

This is based on house price inflation of 67.8%, between October 2012 and December 2024, for detached houses, in the Hertsmere local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.8% inflationary increase is applied to the most recent sale price for 10 RAPHAEL CLOSE of £450,000 on 16th October 2012. For the value to have increased from £450,000 to £755,168 over the eleven years and ten months to December 2024, the following assumptions must hold true:

• The value of 10 RAPHAEL CLOSE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The October 2012 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RAPHAEL CLOSE has not materially changed since October 2012.

How Large is 10 RAPHAEL CLOSE?

10 RAPHAEL CLOSE is 107m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses houses in Shenley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shenley, and where 10 RAPHAEL CLOSE lies on this distribution: 36% of detached houses houses are smaller than 10 RAPHAEL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Shenley.

10 RAPHAEL CLOSE: Plot and Title Map

10 RAPHAEL CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 10 RAPHAEL CLOSE, 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 10 RAPHAEL CLOSE). 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 10 RAPHAEL CLOSE?

10 RAPHAEL CLOSE is located in SHENLEY, in the WD7 postcode district. The below map shows the position of No. 10 on RAPHAEL CLOSE.