47, WATFORD ROAD, RADLETT, WD7 8LG - £1,435,000

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

47 WATFORD ROAD is a midsized extended detached house of 230m², built sometime between 1950 and 1966. It was last sold for £1,435,000 in October 2022, which was around 24% above the average October 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

47 WATFORD ROAD Sold Prices

Land registry data shows three sales for 47 WATFORD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the three 47 WATFORD ROAD 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
2022 3 OCT	£1,435,000	£1,159,051	24% above HPI
1999 16 AUG	£413,000	£272,318	52% above HPI
1997 30 MAY	£295,000	£202,569	46% above HPI

47 WATFORD ROAD 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 three 47 WATFORD ROAD sales between May 1997 and October 2022 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 August 1999 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 47 WATFORD ROAD?

47 WATFORD ROAD is 230m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where 47 WATFORD ROAD lies on this distribution: 57% of detached houses are smaller than 47 WATFORD ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Radlett.

47 WATFORD ROAD: Plot and Title Map

47 WATFORD ROAD sits on a plot of roughly 0.272 of an acre, or 1,101m². The below map shows the location of 47 WATFORD ROAD, 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 47 WATFORD ROAD). 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 47 WATFORD ROAD?

47 WATFORD ROAD is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 47 on WATFORD ROAD.