2, SOUTHERTON WAY, SHENLEY, RADLETT, WD7 9LJ - £830,000

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 SOUTHERTON WAY is a midsized extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £830,000 in July 2022, which was around 25% below the average July 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

2 SOUTHERTON WAY Sold Prices

Land registry data shows two sales for 2 SOUTHERTON WAY 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 SOUTHERTON WAY 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 26 JUL	£830,000	£1,100,109	25% below HPI
1999 26 JAN	£244,950	£249,555	2% below HPI

2 SOUTHERTON WAY 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 SOUTHERTON WAY sales from January 1999 and July 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 January 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 SOUTHERTON WAY?

2 SOUTHERTON WAY is 120m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 50% 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 SOUTHERTON WAY lies on this distribution: 51% of detached houses are smaller than 2 SOUTHERTON WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Shenley.

2 SOUTHERTON WAY: Plot and Title Map

2 SOUTHERTON WAY sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 2 SOUTHERTON WAY, 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 SOUTHERTON WAY). 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 SOUTHERTON WAY?

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