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 LOOM LANE is a very large extended detached house of 407m², built sometime between 1900 and 1929. It was last sold for £1,951,000 in June 2011, which was around 232% above the average June 2011 detached price in the Hertsmere local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 LOOM LANE since 1st 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 3 LOOM LANE 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 |
---|---|---|---|
2011 24 JUN | £1,951,000 | £586,926 | 232% above HPI |
2007 27 JUL | £2,095,000 | £565,698 | 270% above HPI |
1997 14 MAR | £650,000 | £193,951 | 235% above HPI |
The below graph shows the average detached house price in the Hertsmere local authority area over time, sourced from the HPI. The three 3 LOOM LANE sales between March 1997 and June 2011 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 2007 sale was for 270% above the HPI. So the extrapolation line tracks at 270% above the HPI over time, until the June 2011 sale, where it falls to 232% above the HPI. The line then continues to track at 232% above the HPI.
3 LOOM LANE is 407m², which includes one extension, according to the EPC inspection conducted in June 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 3 LOOM LANE lies on this distribution: 87% of detached houses are smaller than 3 LOOM LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Radlett.
3 LOOM LANE sits on a plot of roughly 0.602 of an acre, or 2,437m². The below map shows the location of 3 LOOM LANE, 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 LOOM LANE). 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.
3 LOOM LANE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 3 on LOOM LANE.