2, WILLOW WAY, RADLETT, WD7 8DX - £882,000

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 WILLOW WAY is a very small detached house of 117m², built sometime between 1930 and 1949. It was last sold for £882,000 in September 2017, which was around 9% below the average September 2017 detached price in the Hertsmere local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

2 WILLOW WAY Sold Prices

Land registry data shows three sales for 2 WILLOW WAY 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 WILLOW 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
2017 26 SEP	£882,000	£969,092	9% below HPI
2015 25 MAR	£700,000	£796,768	12% below HPI
2005 21 JUL	£455,000	£499,854	9% below HPI

2 WILLOW 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 three 2 WILLOW WAY sales between July 2005 and September 2017 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 March 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 WILLOW WAY?

2 WILLOW WAY is 117m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where 2 WILLOW WAY lies on this distribution: 8% of detached houses are smaller than 2 WILLOW WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Radlett.

2 WILLOW WAY: Plot and Title Map

2 WILLOW WAY sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 2 WILLOW 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 WILLOW 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 WILLOW WAY?

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