4A, THE RIDGEWAY, RADLETT, WD7 8PR - £2,300,000

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

4A THE RIDGEWAY is a very large detached house of 361m², built sometime between 2007 and 2011. It was last sold for £2,300,000 in April 2023, which was around 102% above the average April 2023 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

4A THE RIDGEWAY Sold Prices

Land registry data shows two sales for 4A THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. Both of the two 4A THE RIDGEWAY 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
2023 21 APR	£2,300,000	£1,139,159	102% above HPI
2010 7 SEP	£2,080,000	£615,070	238% above HPI

4A THE RIDGEWAY 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 two 4A THE RIDGEWAY sales from September 2010 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 September 2010 sale was for 238% above the HPI. So the extrapolation line tracks at 238% above the HPI over time, until the April 2023 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is 4A THE RIDGEWAY?

4A THE RIDGEWAY is 361m² according to the EPC inspection conducted in September 2022. This puts it in the largest 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 4A THE RIDGEWAY lies on this distribution: 82% of detached houses are smaller than 4A THE RIDGEWAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Radlett.

4A THE RIDGEWAY: Plot and Title Map

4A THE RIDGEWAY sits on a plot of roughly 0.235 of an acre, or 951m². The below map shows the location of 4A THE RIDGEWAY, 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 4A THE RIDGEWAY). 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 4A THE RIDGEWAY?

4A THE RIDGEWAY is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 4A on THE RIDGEWAY.