3, CRAGG AVENUE, RADLETT, WD7 8DW - £405,000

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

3 CRAGG AVENUE is a very small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £405,000 in August 2010, which was around 32% below the average August 2010 detached price in the Hertsmere local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

3 CRAGG AVENUE Sold Prices

Land registry data shows two sales for 3 CRAGG AVENUE 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 3 CRAGG AVENUE 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
2010 31 AUG	£405,000	£598,188	32% below HPI
2007 30 MAR	£325,000	£540,427	40% below HPI

3 CRAGG AVENUE 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 3 CRAGG AVENUE sales from March 2007 and August 2010 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 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2010 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 CRAGG AVENUE?

3 CRAGG AVENUE is 119m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 3 CRAGG AVENUE lies on this distribution: 9% of detached houses are smaller than 3 CRAGG AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Radlett.

3 CRAGG AVENUE: Plot and Title Map

3 CRAGG AVENUE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 3 CRAGG 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 3 CRAGG 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.

Where is 3 CRAGG AVENUE?

3 CRAGG AVENUE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 3 on CRAGG AVENUE.