48, GREENWOOD GARDENS, SHENLEY, RADLETT, WD7 9LF - £670,000

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

48 GREENWOOD GARDENS is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £670,000 in December 2023, which was around 37% below the average December 2023 detached price in the Hertsmere local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

48 GREENWOOD GARDENS Sold Prices

Land registry data shows three sales for 48 GREENWOOD GARDENS 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 48 GREENWOOD GARDENS 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 19 DEC	£670,000	£1,064,043	37% below HPI
2014 16 SEP	£542,750	£774,389	30% below HPI
1999 13 AUG	£179,950	£272,318	34% below HPI

48 GREENWOOD GARDENS 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 48 GREENWOOD GARDENS sales between August 1999 and December 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 September 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 48 GREENWOOD GARDENS?

48 GREENWOOD GARDENS is 101m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Shenley, based on EPC data. The below chart shows the distribution of detached houses by size in Shenley, and where 48 GREENWOOD GARDENS lies on this distribution: 29% of detached houses are smaller than 48 GREENWOOD GARDENS, and 70% of houses are larger. Note that EPC data is not available for all properties in Shenley.

48 GREENWOOD GARDENS: Plot and Title Map

48 GREENWOOD GARDENS sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 48 GREENWOOD GARDENS, 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 48 GREENWOOD GARDENS). 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 48 GREENWOOD GARDENS?

48 GREENWOOD GARDENS is located in SHENLEY, in the WD7 postcode district. The below map shows the position of No. 48 on GREENWOOD GARDENS.