12, RAPHAEL CLOSE, SHENLEY, RADLETT, WD7 9JG - £338,500

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

12 RAPHAEL CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £338,500 in May 2010, which was around 42% below the average May 2010 detached price in the Hertsmere local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

12 RAPHAEL CLOSE Sold Prices

Land registry data shows two sales for 12 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 12 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
2010 28 MAY	£338,500	£579,448	42% below HPI
2003 28 MAY	£289,000	£482,319	40% below HPI

12 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 12 RAPHAEL CLOSE sales from May 2003 and May 2010 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 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2010 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 12 RAPHAEL CLOSE?

12 RAPHAEL CLOSE is 83m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of detached houses in Shenley, based on EPC data. The below chart shows the distribution of detached houses by size in Shenley, and where 12 RAPHAEL CLOSE lies on this distribution: 10% of detached houses are smaller than 12 RAPHAEL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Shenley.

12 RAPHAEL CLOSE: Plot and Title Map

12 RAPHAEL CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 12 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 12 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 12 RAPHAEL CLOSE?

12 RAPHAEL CLOSE is located in SHENLEY, in the WD7 postcode district. The below map shows the position of No. 12 on RAPHAEL CLOSE.