5, CRAIGWEIL AVENUE, RADLETT, WD7 7ES - £1,000,000

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

5 CRAIGWEIL AVENUE is a small extended detached house of 181m², built sometime between 1950 and 1966. It was last sold for £1,000,000 in July 2020, which was around 2% above the average July 2020 detached price in the Hertsmere local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

5 CRAIGWEIL AVENUE Sold Prices

Land registry data shows three sales for 5 CRAIGWEIL AVENUE 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. Two of the three 5 CRAIGWEIL AVENUE sales were for above the average price, whilst one was 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
2020 31 JUL	£1,000,000	£977,309	2% above HPI
2014 21 FEB	£825,000	£683,638	21% above HPI
2005 14 NOV	£425,000	£499,269	15% below HPI

5 CRAIGWEIL 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 three 5 CRAIGWEIL AVENUE sales between November 2005 and July 2020 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 February 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 5 CRAIGWEIL AVENUE?

5 CRAIGWEIL AVENUE is 181m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where 5 CRAIGWEIL AVENUE lies on this distribution: 36% of detached houses are smaller than 5 CRAIGWEIL AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Radlett.

5 CRAIGWEIL AVENUE: Plot and Title Map

5 CRAIGWEIL AVENUE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 5 CRAIGWEIL 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 5 CRAIGWEIL 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 5 CRAIGWEIL AVENUE?

5 CRAIGWEIL AVENUE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 5 on CRAIGWEIL AVENUE.