25, THE RIDGEWAY, RADLETT, WD7 8PZ - £2,700,000

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

25 THE RIDGEWAY is a large extended detached house of 242m², built sometime between 2007 and 2011. It was last sold for £2,700,000 in May 2021, which was around 170% above the average May 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

25 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 25 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 25 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
2021 28 MAY	£2,700,000	£999,167	170% above HPI
2014 25 JUL	£2,600,000	£735,282	254% above HPI
2007 20 APR	£1,200,000	£549,144	119% above HPI

25 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 25 THE RIDGEWAY sales between April 2007 and May 2021 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 July 2014 sale was for 254% above the HPI. So the extrapolation line tracks at 254% above the HPI over time, until the May 2021 sale, where it falls to 170% above the HPI. The line then continues to track at 170% above the HPI.

How Large is 25 THE RIDGEWAY?

25 THE RIDGEWAY is 242m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where 25 THE RIDGEWAY lies on this distribution: 60% of detached houses are smaller than 25 THE RIDGEWAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Radlett.

25 THE RIDGEWAY: Plot and Title Map

25 THE RIDGEWAY sits on a plot of roughly 0.331 of an acre, or 1,338m². The below map shows the location of 25 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 25 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 25 THE RIDGEWAY?

25 THE RIDGEWAY is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 25 on THE RIDGEWAY.