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
23 OAKRIDGE AVENUE is a very large detached house of 403m², built sometime from 2012 onwards. It was last sold for £2,525,000 in June 2024, which was around 145% above the average June 2024 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 23 OAKRIDGE AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the four 23 OAKRIDGE AVENUE 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 18 JUN | £2,525,000 | £1,028,548 | 145% above HPI |
2008 21 MAY | £1,151,000 | £582,595 | 98% above HPI |
2005 20 JAN | £725,000 | £491,043 | 48% above HPI |
1998 25 FEB | £302,000 | £231,588 | 30% above HPI |
The below graph shows the average detached house price in the Hertsmere local authority area over time, sourced from the HPI. The four 23 OAKRIDGE AVENUE sales between February 1998 and June 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 May 2008 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the June 2024 sale, where it rises to 145% above the HPI. The line then continues to track at 145% above the HPI.
23 OAKRIDGE AVENUE is 403m² according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where 23 OAKRIDGE AVENUE lies on this distribution: 86% of detached houses are smaller than 23 OAKRIDGE AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Radlett.
23 OAKRIDGE AVENUE sits on a plot of roughly 0.348 of an acre, or 1,409m². The below map shows the location of 23 OAKRIDGE AVENUE, 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 23 OAKRIDGE AVENUE). 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.
23 OAKRIDGE AVENUE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 23 on OAKRIDGE AVENUE.