5, OAKRIDGE AVENUE, RADLETT, WD7 8EN - £1,625,000

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 OAKRIDGE AVENUE is a midsized extended detached house of 230m², built sometime between 1950 and 1966. It was last sold for £1,625,000 in January 2017, which was around 70% above the average January 2017 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

5 OAKRIDGE AVENUE Sold Prices

Land registry data shows two sales for 5 OAKRIDGE AVENUE 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 5 OAKRIDGE AVENUE 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
2017 18 JAN	£1,625,000	£954,880	70% above HPI
2009 17 MAR	£870,000	£496,672	75% above HPI

5 OAKRIDGE 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 two 5 OAKRIDGE AVENUE sales from March 2009 and January 2017 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 March 2009 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the January 2017 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 5 OAKRIDGE AVENUE?

5 OAKRIDGE AVENUE is 230m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 50% 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 OAKRIDGE AVENUE lies on this distribution: 56% of detached houses are smaller than 5 OAKRIDGE AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Radlett.

5 OAKRIDGE AVENUE: Plot and Title Map

5 OAKRIDGE AVENUE sits on a plot of roughly 0.245 of an acre, or 990m². The below map shows the location of 5 OAKRIDGE 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 OAKRIDGE 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 OAKRIDGE AVENUE?

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