40, ELM WALK, RADLETT, WD7 8DP - £1,010,000

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

40 ELM WALK is a very small extended detached house of 150m², built sometime between 1976 and 1982. It was last sold for £1,010,000 in January 2021, which was around 1% above the average January 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

40 ELM WALK Sold Prices

Land registry data shows six sales for 40 ELM WALK since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. Most of the six 40 ELM WALK 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
2021 26 JAN	£1,010,000	£1,001,544	1% above HPI
2013 6 DEC	£665,000	£669,109	1% below HPI
2007 24 MAY	£470,000	£547,314	14% below HPI
2001 15 NOV	£76,121	£403,904	81% below HPI
1999 14 MAY	£227,000	£250,136	9% below HPI
1997 9 DEC	£190,000	£222,230	15% below HPI

40 ELM WALK 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 six 40 ELM WALK sales between December 1997 and January 2021 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 December 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 40 ELM WALK?

40 ELM WALK is 150m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 40 ELM WALK lies on this distribution: 20% of detached houses are smaller than 40 ELM WALK, and 80% of houses are larger. Note that EPC data is not available for all properties in Radlett.

40 ELM WALK: Plot and Title Map

40 ELM WALK sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 40 ELM WALK, 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 40 ELM WALK). 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 40 ELM WALK?

40 ELM WALK is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 40 on ELM WALK.