6, RAPHAEL CLOSE, SHENLEY, RADLETT, WD7 9JG - £540,000

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

6 RAPHAEL CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £540,000 in February 2020, which was around 43% below the average February 2020 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2014, where the current energy rating was F, and the potential energy rating was C.

6 RAPHAEL CLOSE Sold Prices

Land registry data shows six sales for 6 RAPHAEL CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the six 6 RAPHAEL CLOSE 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
2020 28 FEB	£540,000	£949,384	43% below HPI
2012 12 OCT	£394,000	£622,903	37% below HPI
2007 2 MAR	£352,000	£540,427	35% below HPI
2004 13 MAY	£295,000	£478,436	38% below HPI
1999 2 SEP	£160,000	£275,341	42% below HPI
1998 2 JUN	£146,000	£231,673	37% below HPI

6 RAPHAEL CLOSE 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 six 6 RAPHAEL CLOSE sales between June 1998 and February 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 October 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 6 RAPHAEL CLOSE?

6 RAPHAEL CLOSE is 69m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Shenley, based on EPC data. The below chart shows the distribution of detached houses by size in Shenley, and where 6 RAPHAEL CLOSE lies on this distribution: 2% of detached houses are smaller than 6 RAPHAEL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Shenley.

6 RAPHAEL CLOSE: Plot and Title Map

6 RAPHAEL CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 6 RAPHAEL CLOSE, 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 6 RAPHAEL CLOSE). 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 6 RAPHAEL CLOSE?

6 RAPHAEL CLOSE is located in SHENLEY, in the WD7 postcode district. The below map shows the position of No. 6 on RAPHAEL CLOSE.