18, LOOM LANE, RADLETT, WD7 8AD - £2,925,000

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

18 LOOM LANE is a large extended detached house of 338m², built sometime between 1996 and 2002. It was last sold for £2,925,000 in June 2022, which was around 171% above the average June 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

18 LOOM LANE Sold Prices

Land registry data shows three sales for 18 LOOM LANE 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. All of the three 18 LOOM LANE 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
2022 22 JUN	£2,925,000	£1,080,340	171% above HPI
2002 23 DEC	£690,000	£481,136	43% above HPI
2001 18 JAN	£580,000	£348,507	66% above HPI

18 LOOM LANE 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 18 LOOM LANE sales between January 2001 and June 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 December 2002 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the June 2022 sale, where it rises to 171% above the HPI. The line then continues to track at 171% above the HPI.

How Large is 18 LOOM LANE?

18 LOOM LANE is 338m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 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 18 LOOM LANE lies on this distribution: 80% of detached houses are smaller than 18 LOOM LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Radlett.

18 LOOM LANE: Plot and Title Map

18 LOOM LANE sits on a plot of roughly 0.359 of an acre, or 1,452m². The below map shows the location of 18 LOOM LANE, 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 18 LOOM LANE). 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 18 LOOM LANE?

18 LOOM LANE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 18 on LOOM LANE.