48, THE AVENUE, RADLETT, WD7 7DH - £760,000

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 THE AVENUE is a small extended detached house of 162m², built sometime between 1967 and 1975. It was last sold for £760,000 in September 2014, which was around 2% below the average September 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was D.

48 THE AVENUE Sold Prices

Land registry data shows four sales for 48 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 48 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
2014 16 SEP	£760,000	£774,389	2% below HPI
2010 21 MAY	£637,000	£579,448	10% above HPI
2001 3 SEP	£317,500	£392,102	19% below HPI
1998 3 JUN	£195,000	£231,673	16% below HPI

48 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 48 THE AVENUE sales between June 1998 and September 2014 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 May 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 48 THE AVENUE?

48 THE AVENUE is 162m², which includes one extension, according to the EPC inspection conducted in December 2009. 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 48 THE AVENUE lies on this distribution: 26% of detached houses are smaller than 48 THE AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Radlett.

48 THE AVENUE: Plot and Title Map

48 THE AVENUE sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of 48 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 48 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 48 THE AVENUE?

48 THE AVENUE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 48 on THE AVENUE.