8, WAYSIDE, SHENLEY, RADLETT, WD7 9JN - £626,000

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 WAYSIDE is a small detached house of 99m², built sometime between 2003 and 2006. It was last sold for £626,000 in August 2017, which was around 34% below the average August 2017 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

8 WAYSIDE Sold Prices

Land registry data shows four sales for 8 WAYSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the four 8 WAYSIDE 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
2017 9 AUG	£626,000	£951,726	34% below HPI
2006 15 DEC	£367,500	£530,970	31% below HPI
2004 20 MAY	£332,000	£478,436	31% below HPI
2000 20 APR	£235,000	£303,918	23% below HPI

8 WAYSIDE 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 four 8 WAYSIDE sales between April 2000 and August 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 December 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 WAYSIDE?

8 WAYSIDE is 99m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Shenley, based on EPC data. The below chart shows the distribution of detached houses by size in Shenley, and where 8 WAYSIDE lies on this distribution: 27% of detached houses are smaller than 8 WAYSIDE, and 72% of houses are larger. Note that EPC data is not available for all properties in Shenley.

8 WAYSIDE: Plot and Title Map

8 WAYSIDE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 8 WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

8 WAYSIDE is located in SHENLEY, in the WD7 postcode district. The below map shows the position of No. 8 on WAYSIDE.