31, OAKRIDGE AVENUE, RADLETT, WD7 8EW - £1,250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 OAKRIDGE AVENUE is a large extended detached house of 298m², built sometime between 2003 and 2006, which could now be worth an estimated £2,111,704. It was last sold for £1,250,000 in August 2012, which was around 80% above the average August 2012 detached price in the Hertsmere local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

31 OAKRIDGE AVENUE Sold Prices

Land registry data shows two sales for 31 OAKRIDGE 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. One of the two 31 OAKRIDGE AVENUE sales was for above the average price, whilst the other was 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
2012 3 AUG	£1,250,000	£694,374	80% above HPI
2004 27 FEB	£500,000	£524,245	5% below HPI

31 OAKRIDGE 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 31 OAKRIDGE AVENUE sales from February 2004 and August 2012 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2012 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 31 OAKRIDGE AVENUE be worth now?

31 OAKRIDGE AVENUE might now be worth an estimated £2,111,704.

This is based on house price inflation of 68.9%, between August 2012 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 68.9% inflationary increase is applied to the most recent sale price for 31 OAKRIDGE AVENUE of £1,250,000 on 3rd August 2012. For the value to have increased from £1,250,000 to £2,111,704 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 31 OAKRIDGE AVENUE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The August 2012 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of 31 OAKRIDGE AVENUE has not materially changed since August 2012.

How Large is 31 OAKRIDGE AVENUE?

31 OAKRIDGE AVENUE is 298m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% 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 31 OAKRIDGE AVENUE lies on this distribution: 72% of detached houses houses are smaller than 31 OAKRIDGE AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Radlett.

31 OAKRIDGE AVENUE: Plot and Title Map

31 OAKRIDGE AVENUE sits on a plot of roughly 0.214 of an acre, or 865m². The below map shows the location of 31 OAKRIDGE 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 31 OAKRIDGE 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 31 OAKRIDGE AVENUE?

31 OAKRIDGE AVENUE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 31 on OAKRIDGE AVENUE.