28, PARK ROAD, RADLETT, WD7 8EQ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 PARK ROAD is a small extended detached house of 183m², built sometime between 1930 and 1949, which could now be worth an estimated £1,182,772. It was last sold for £250,000 in January 1998, which was around 1% above the average January 1998 detached price in the Hertsmere local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

28 PARK ROAD Sold Prices

Land registry data shows two sales for 28 PARK ROAD 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 28 PARK ROAD 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
1998 26 JAN	£250,000	£247,945	1% above HPI
1997 18 FEB	£217,000	£206,706	5% above HPI

28 PARK ROAD 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 28 PARK ROAD sales from February 1997 and January 1998 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 February 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 1998 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 28 PARK ROAD be worth now?

28 PARK ROAD might now be worth an estimated £1,182,772.

This is based on house price inflation of 373.1%, between January 1998 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 373.1% inflationary increase is applied to the most recent sale price for 28 PARK ROAD of £250,000 on 26th January 1998. For the value to have increased from £250,000 to £1,182,772 over the 26 years and eleven months to February 2025, the following assumptions must hold true:

• The value of 28 PARK ROAD has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The January 1998 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PARK ROAD has not materially changed since January 1998.

How Large is 28 PARK ROAD?

28 PARK ROAD is 183m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% 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 28 PARK ROAD lies on this distribution: 37% of detached houses houses are smaller than 28 PARK ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Radlett.

28 PARK ROAD: Plot and Title Map

28 PARK ROAD sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 28 PARK ROAD, 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 28 PARK ROAD). 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 28 PARK ROAD?

28 PARK ROAD is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 28 on PARK ROAD.