17, FOLLY CLOSE, RADLETT, WD7 8DR - £1,318,000

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

17 FOLLY CLOSE is a small extended detached house of 161m², built sometime between 1967 and 1975. It was last sold for £1,318,000 in October 2022, which was around 14% above the average October 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

17 FOLLY CLOSE Sold Prices

Land registry data shows three sales for 17 FOLLY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. One of the three 17 FOLLY CLOSE sales was for above the average price, whilst two 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
2022 25 OCT	£1,318,000	£1,159,051	14% above HPI
2017 18 AUG	£945,000	£951,726	1% below HPI
2005 3 JUN	£455,000	£502,907	10% below HPI

17 FOLLY 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 three 17 FOLLY CLOSE sales between June 2005 and October 2022 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 August 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 17 FOLLY CLOSE?

17 FOLLY CLOSE is 161m², which includes three extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 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 17 FOLLY CLOSE lies on this distribution: 25% of detached houses are smaller than 17 FOLLY CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Radlett.

17 FOLLY CLOSE: Plot and Title Map

17 FOLLY CLOSE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 17 FOLLY 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 17 FOLLY 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 17 FOLLY CLOSE?

17 FOLLY CLOSE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 17 on FOLLY CLOSE.