49, THE CROSSPATH, RADLETT, WD7 8HP - £845,000

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

49 THE CROSSPATH is a very small extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £845,000 in March 2016, which was around 8% below the average March 2016 detached price in the Hertsmere local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

49 THE CROSSPATH Sold Prices

Land registry data shows three sales for 49 THE CROSSPATH 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 49 THE CROSSPATH 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
2016 17 MAR	£845,000	£920,364	8% below HPI
2005 12 JUL	£392,000	£499,854	22% below HPI
2002 25 NOV	£356,500	£470,976	24% below HPI

49 THE CROSSPATH 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 49 THE CROSSPATH sales between November 2002 and March 2016 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 July 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 49 THE CROSSPATH?

49 THE CROSSPATH is 135m², which includes one extension, according to the EPC inspection conducted in January 2016. 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 49 THE CROSSPATH lies on this distribution: 13% of detached houses are smaller than 49 THE CROSSPATH, and 86% of houses are larger. Note that EPC data is not available for all properties in Radlett.

49 THE CROSSPATH: Plot and Title Map

49 THE CROSSPATH sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 49 THE CROSSPATH, 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 49 THE CROSSPATH). 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 49 THE CROSSPATH?

49 THE CROSSPATH is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 49 on THE CROSSPATH.