43, THE AVENUE, RADLETT, WD7 7DH - £835,000

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

43 THE AVENUE is a small extended detached house of 164m², built sometime between 1967 and 1975. It was last sold for £835,000 in April 2023, which was around 27% below the average April 2023 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

43 THE AVENUE Sold Prices

Land registry data shows four sales for 43 THE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. Most of the four 43 THE AVENUE 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
2023 28 APR	£835,000	£1,139,159	27% below HPI
2007 23 FEB	£500,000	£539,783	7% below HPI
2001 18 SEP	£470,000	£392,102	20% above HPI
1995 22 NOV	£110,000	£171,617	36% below HPI

43 THE 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 four 43 THE AVENUE sales between November 1995 and April 2023 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 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 43 THE AVENUE?

43 THE AVENUE is 164m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where 43 THE AVENUE lies on this distribution: 27% of detached houses are smaller than 43 THE AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Radlett.

43 THE AVENUE: Plot and Title Map

43 THE AVENUE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 43 THE 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 43 THE 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 43 THE AVENUE?

43 THE AVENUE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 43 on THE AVENUE.