2, HARRIS LANE, SHENLEY, RADLETT, WD7 9EB - £530,000

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

2 HARRIS LANE is a very small detached house of 59m², built sometime between 1930 and 1949. It was last sold for £530,000 in December 2015, which was around 40% below the average December 2015 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

2 HARRIS LANE Sold Prices

Land registry data shows three sales for 2 HARRIS 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 2 HARRIS LANE 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
2015 21 DEC	£530,000	£876,150	40% below HPI
2001 3 OCT	£210,000	£396,108	47% below HPI
2000 8 AUG	£160,000	£340,582	53% below HPI

2 HARRIS 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 2 HARRIS LANE sales between August 2000 and December 2015 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 October 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 HARRIS LANE?

2 HARRIS LANE is 59m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Shenley, based on EPC data. The below chart shows the distribution of detached houses by size in Shenley, and where 2 HARRIS LANE lies on this distribution: 1% of detached houses are smaller than 2 HARRIS LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shenley.

2 HARRIS LANE: Plot and Title Map

2 HARRIS LANE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 2 HARRIS 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 2 HARRIS 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 2 HARRIS LANE?

2 HARRIS LANE is located in SHENLEY, in the WD7 postcode district. The below map shows the position of No. 2 on HARRIS LANE.