37, NEWLANDS AVENUE, RADLETT, WD7 8EJ - £4,900,000

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.

37 NEWLANDS AVENUE is a very large detached house of 1,315m², which could now be worth an estimated £5,400,986. It was last sold for £4,900,000 in October 2018, which was around 360% above the average October 2018 detached price in the Hertsmere local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was B.

37 NEWLANDS AVENUE Sold Prices

Land registry data shows two sales for 37 NEWLANDS 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 37 NEWLANDS AVENUE 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
2018 31 OCT	£4,900,000	£1,064,240	360% above HPI
2012 23 FEB	£2,425,000	£666,233	264% above HPI

37 NEWLANDS 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 37 NEWLANDS AVENUE sales from February 2012 and October 2018 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 2012 sale was for 264% above the HPI. So the extrapolation line tracks at 264% above the HPI over time, until the October 2018 sale, where it rises to 360% above the HPI. The line then continues to track at 360% above the HPI.

What might 37 NEWLANDS AVENUE be worth now?

37 NEWLANDS AVENUE might now be worth an estimated £5,400,986.

This is based on house price inflation of 10.2%, between October 2018 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 10.2% inflationary increase is applied to the most recent sale price for 37 NEWLANDS AVENUE of £4,900,000 on 31st October 2018. For the value to have increased from £4,900,000 to £5,400,986 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 37 NEWLANDS AVENUE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The October 2018 sale price of £4,900,000 represented a fair market value for the property.
• The size, condition, and specification of 37 NEWLANDS AVENUE has not materially changed since October 2018.

How Large is 37 NEWLANDS AVENUE?

37 NEWLANDS AVENUE is 1,315m² according to the EPC inspection conducted in October 2020. This puts it in the largest 10% 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 37 NEWLANDS AVENUE lies on this distribution: More than 99% of detached houses houses are smaller than 37 NEWLANDS AVENUE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Radlett.

37 NEWLANDS AVENUE: Plot and Title Map

37 NEWLANDS AVENUE sits on a plot of roughly 0.615 of an acre, or 2,488m². The below map shows the location of 37 NEWLANDS 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 37 NEWLANDS 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 37 NEWLANDS AVENUE?

37 NEWLANDS AVENUE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 37 on NEWLANDS AVENUE.