15, THE HEATH, RADLETT, WD7 7DF - £515,000

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.

15 THE HEATH is a large extended detached house of 295m², built sometime between 1950 and 1966, which could now be worth an estimated £1,122,613. It was last sold for £515,000 in May 2006, which was around 4% below the average May 2006 detached price in the Hertsmere local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

15 THE HEATH Sold Prices

Land registry data shows two sales for 15 THE HEATH 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. One of the two 15 THE HEATH sales was for below the average price, whilst the other was 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
2006 31 MAY	£515,000	£538,138	4% below HPI
1999 22 FEB	£300,000	£274,167	9% above HPI

15 THE HEATH 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 15 THE HEATH sales from February 1999 and May 2006 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 February 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2006 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 THE HEATH be worth now?

15 THE HEATH might now be worth an estimated £1,122,613.

This is based on house price inflation of 118%, between May 2006 and February 2025, 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 118% inflationary increase is applied to the most recent sale price for 15 THE HEATH of £515,000 on 31st May 2006. For the value to have increased from £515,000 to £1,122,613 over the nineteen years and three months to February 2025, the following assumptions must hold true:

• The value of 15 THE HEATH has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The May 2006 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE HEATH has not materially changed since May 2006.

How Large is 15 THE HEATH?

15 THE HEATH is 295m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 30% of detached houses houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Radlett, and where 15 THE HEATH lies on this distribution: 72% of detached houses houses are smaller than 15 THE HEATH, and 28% of houses are larger. Note that EPC data is not available for all properties in Radlett.

15 THE HEATH: Plot and Title Map

15 THE HEATH sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 15 THE HEATH, 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 15 THE HEATH). 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 15 THE HEATH?

15 THE HEATH is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 15 on THE HEATH.