9, THE DRIVE, RADLETT, WD7 7BZ - £1,512,500

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.

9 THE DRIVE is a large detached house of 263m², built sometime between 1996 and 2002, which could now be worth an estimated £1,624,091. It was last sold for £1,512,500 in June 2020, which was around 38% above the average June 2020 detached price in the Hertsmere local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

9 THE DRIVE Sold Prices

Land registry data shows three sales for 9 THE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the three 9 THE DRIVE 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
2020 23 JUN	£1,512,500	£1,092,450	38% above HPI
2004 23 JUL	£985,000	£531,966	85% above HPI
2002 17 MAY	£670,000	£451,819	48% above HPI

9 THE DRIVE 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 three 9 THE DRIVE sales between May 2002 and June 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 July 2004 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the June 2020 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 9 THE DRIVE be worth now?

9 THE DRIVE might now be worth an estimated £1,624,091.

This is based on house price inflation of 7.4%, between June 2020 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 7.4% inflationary increase is applied to the most recent sale price for 9 THE DRIVE of £1,512,500 on 23rd June 2020. For the value to have increased from £1,512,500 to £1,624,091 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 9 THE DRIVE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The June 2020 sale price of £1,512,500 represented a fair market value for the property.
• The size, condition, and specification of 9 THE DRIVE has not materially changed since June 2020.

How Large is 9 THE DRIVE?

9 THE DRIVE is 263m² according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Radlett, and where 9 THE DRIVE lies on this distribution: 65% of detached houses houses are smaller than 9 THE DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Radlett.

9 THE DRIVE: Plot and Title Map

9 THE DRIVE sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of 9 THE DRIVE, 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 9 THE DRIVE). 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 9 THE DRIVE?

9 THE DRIVE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 9 on THE DRIVE.