38, OAKRIDGE AVENUE, RADLETT, WD7 8ER - £780,000

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.

38 OAKRIDGE AVENUE is a very small extended detached house of 140m², built sometime between 1930 and 1949, which could now be worth an estimated £1,409,432. It was last sold for £780,000 in September 2007, which was around 20% above the average September 2007 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

38 OAKRIDGE AVENUE Sold Prices

Land registry data shows five sales for 38 OAKRIDGE AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the five 38 OAKRIDGE 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
2007 19 SEP	£780,000	£649,183	20% above HPI
2005 7 SEP	£694,000	£539,745	29% above HPI
1999 1 SEP	£385,000	£302,343	27% above HPI
1998 3 JUL	£280,000	£262,973	6% above HPI
1996 9 AUG	£229,500	£195,511	17% above HPI

38 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 five 38 OAKRIDGE AVENUE sales between August 1996 and September 2007 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 September 2005 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2007 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 38 OAKRIDGE AVENUE be worth now?

38 OAKRIDGE AVENUE might now be worth an estimated £1,409,432.

This is based on house price inflation of 80.7%, between September 2007 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 80.7% inflationary increase is applied to the most recent sale price for 38 OAKRIDGE AVENUE of £780,000 on 19th September 2007. For the value to have increased from £780,000 to £1,409,432 over the eighteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 38 OAKRIDGE AVENUE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The September 2007 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of 38 OAKRIDGE AVENUE has not materially changed since September 2007.

How Large is 38 OAKRIDGE AVENUE?

38 OAKRIDGE AVENUE is 140m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% 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 38 OAKRIDGE AVENUE lies on this distribution: 16% of detached houses houses are smaller than 38 OAKRIDGE AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Radlett.

38 OAKRIDGE AVENUE: Plot and Title Map

38 OAKRIDGE AVENUE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 38 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 38 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 38 OAKRIDGE AVENUE?

38 OAKRIDGE AVENUE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 38 on OAKRIDGE AVENUE.