2A, THE RIDGEWAY, RADLETT, WD7 8PR - £4,280,000

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

2A THE RIDGEWAY is a very large detached house of 894m². It was last sold for £4,280,000 in October 2013, which was around 543% above the average October 2013 detached price in the Hertsmere local authority area. The most recent EPC inspection was May 2012, where the current energy rating was B, and the potential energy rating was B.

2A THE RIDGEWAY Sold Prices

Land registry data shows three sales for 2A 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 2A 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
2013 31 OCT	£4,280,000	£666,117	543% above HPI
1998 5 MAY	£460,000	£232,755	98% above HPI
1996 26 FEB	£355,000	£164,230	116% above HPI

2A 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 2A THE RIDGEWAY sales between February 1996 and October 2013 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 1998 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the October 2013 sale, where it rises to 543% above the HPI. The line then continues to track at 543% above the HPI.

How Large is 2A THE RIDGEWAY?

2A THE RIDGEWAY is 894m² according to the EPC inspection conducted in May 2012. This puts it in the largest 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 2A THE RIDGEWAY lies on this distribution: 99% of detached houses are smaller than 2A THE RIDGEWAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Radlett.

2A THE RIDGEWAY: Plot and Title Map

2A THE RIDGEWAY sits on a plot of roughly 0.451 of an acre, or 1,827m². The below map shows the location of 2A 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 2A 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 2A THE RIDGEWAY?

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