7, LOOM LANE, RADLETT, WD7 8AA - £2,075,000

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

7 LOOM LANE is a midsized extended detached house of 196m², built sometime between 1900 and 1929. It was last sold for £2,075,000 in November 2022, which was around 80% above the average November 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

7 LOOM LANE Sold Prices

Land registry data shows two sales for 7 LOOM LANE 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 7 LOOM LANE 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
2022 3 NOV	£2,075,000	£1,150,555	80% above HPI
2018 24 APR	£1,000,000	£952,966	5% above HPI

7 LOOM LANE 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 7 LOOM LANE sales from April 2018 and November 2022 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 April 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2022 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 7 LOOM LANE?

7 LOOM LANE is 196m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 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 7 LOOM LANE lies on this distribution: 43% of detached houses are smaller than 7 LOOM LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Radlett.

7 LOOM LANE: Plot and Title Map

7 LOOM LANE sits on a plot of roughly 0.394 of an acre, or 1,593m². The below map shows the location of 7 LOOM LANE, 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 7 LOOM LANE). 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 7 LOOM LANE?

7 LOOM LANE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 7 on LOOM LANE.