2, THE RIDGEWAY, RADLETT, WD7 8PR - £4,250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE RIDGEWAY is a very large extended detached house of 530m², built sometime between 2003 and 2006, which could now be worth an estimated £4,408,909. It was last sold for £4,250,000 in July 2024, which was around 276% above the average July 2024 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2024, where the current energy rating was B, and the potential energy rating was B.

2 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 2 THE RIDGEWAY 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 THE RIDGEWAY 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
2024 31 JUL	£4,250,000	£1,130,770	276% above HPI
2014 23 JUN	£2,936,000	£794,522	270% above HPI
2001 2 AUG	£725,000	£405,166	79% above HPI

2 THE RIDGEWAY 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 THE RIDGEWAY sales between August 2001 and July 2024 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 June 2014 sale was for 270% above the HPI. So the extrapolation line tracks at 270% above the HPI over time, until the July 2024 sale, where it rises to 276% above the HPI. The line then continues to track at 276% above the HPI.

What might 2 THE RIDGEWAY be worth now?

2 THE RIDGEWAY might now be worth an estimated £4,408,909.

This is based on house price inflation of 3.7%, between July 2024 and February 2025, for detached houses, in the Hertsmere local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% inflationary increase is applied to the most recent sale price for 2 THE RIDGEWAY of £4,250,000 on 31st July 2024. For the value to have increased from £4,250,000 to £4,408,909 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 2 THE RIDGEWAY has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The July 2024 sale price of £4,250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE RIDGEWAY has not materially changed since July 2024.

How Large is 2 THE RIDGEWAY?

2 THE RIDGEWAY is 530m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Radlett, and where 2 THE RIDGEWAY lies on this distribution: 94% of detached houses houses are smaller than 2 THE RIDGEWAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Radlett.

2 THE RIDGEWAY: Plot and Title Map

2 THE RIDGEWAY sits on a plot of roughly 0.437 of an acre, or 1,769m². The below map shows the location of 2 THE RIDGEWAY, 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 THE RIDGEWAY). 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 THE RIDGEWAY?

2 THE RIDGEWAY is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 2 on THE RIDGEWAY.