2, RUSSET DRIVE, SHENLEY, RADLETT, WD7 9RH - £1,006,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 RUSSET DRIVE is a large extended detached house of 167m², built sometime between 1991 and 1995. It was last sold for £1,006,000 in October 2022, which was around 13% below the average October 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

2 RUSSET DRIVE Sold Prices

Land registry data shows two sales for 2 RUSSET DRIVE 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 2 RUSSET DRIVE 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
2022 27 OCT	£1,006,000	£1,159,051	13% below HPI
2007 30 APR	£530,000	£549,144	3% below HPI

2 RUSSET DRIVE 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 2 RUSSET DRIVE sales from April 2007 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 April 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 RUSSET DRIVE?

2 RUSSET DRIVE is 167m², which includes four extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% 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 RUSSET DRIVE lies on this distribution: 78% of detached houses are smaller than 2 RUSSET DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Shenley.

2 RUSSET DRIVE: Plot and Title Map

2 RUSSET DRIVE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 2 RUSSET DRIVE, 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 RUSSET DRIVE). 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 RUSSET DRIVE?

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