5, THE LAWNS, SHENLEY, RADLETT, WD7 9EZ - £870,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 THE LAWNS is a large extended detached house of 162m², built sometime between 1996 and 2002, which could now be worth an estimated £877,013. It was last sold for £870,000 in October 2024, which was around 25% below the average October 2024 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

5 THE LAWNS Sold Prices

Land registry data shows two sales for 5 THE LAWNS 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. One of the two 5 THE LAWNS sales was for below the average price, whilst the other was roughly equal to 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
2024 8 OCT	£870,000	£1,163,670	25% below HPI
1998 16 JUL	£262,950	£262,973	Close to HPI

5 THE LAWNS 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 THE LAWNS sales from July 1998 and October 2024 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 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 THE LAWNS be worth now?

5 THE LAWNS might now be worth an estimated £877,013.

This is based on house price inflation of 0.8%, between October 2024 and February 2025, for detached houses, in the Hertsmere local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% inflationary increase is applied to the most recent sale price for 5 THE LAWNS of £870,000 on 8th October 2024. For the value to have increased from £870,000 to £877,013 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 5 THE LAWNS has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The October 2024 sale price of £870,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE LAWNS has not materially changed since October 2024.

How Large is 5 THE LAWNS?

5 THE LAWNS is 162m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses houses in Shenley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shenley, and where 5 THE LAWNS lies on this distribution: 75% of detached houses houses are smaller than 5 THE LAWNS, and 24% of houses are larger. Note that EPC data is not available for all properties in Shenley.

5 THE LAWNS: Plot and Title Map

5 THE LAWNS sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 5 THE LAWNS, 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 THE LAWNS). 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 THE LAWNS?

5 THE LAWNS is located in SHENLEY, in the WD7 postcode district. The below map shows the position of No. 5 on THE LAWNS.