8, WATLING STREET, RADLETT, WD7 7NH - £1,450,000

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

8 WATLING STREET is a small extended detached house of 179m², built sometime between 1930 and 1949. It was last sold for £1,450,000 in January 2022, which was around 33% above the average January 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

8 WATLING STREET Sold Prices

Land registry data shows five sales for 8 WATLING STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. Most of the five 8 WATLING STREET 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 28 JAN	£1,450,000	£1,093,672	33% above HPI
2009 18 DEC	£755,000	£557,774	35% above HPI
2005 30 NOV	£745,000	£499,269	49% above HPI
2002 17 JUL	£499,950	£422,649	18% above HPI
1998 23 APR	£212,000	£232,586	9% below HPI

8 WATLING STREET 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 five 8 WATLING STREET sales between April 1998 and January 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 December 2009 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2022 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 8 WATLING STREET?

8 WATLING STREET is 179m², which includes two extensions, according to the EPC inspection conducted in September 2021. 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 8 WATLING STREET lies on this distribution: 35% of detached houses are smaller than 8 WATLING STREET, and 65% of houses are larger. Note that EPC data is not available for all properties in Radlett.

8 WATLING STREET: Plot and Title Map

8 WATLING STREET sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 8 WATLING STREET, 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 8 WATLING STREET). 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 8 WATLING STREET?

8 WATLING STREET is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 8 on WATLING STREET.