CHASE LODGE, GILLS HILL LANE, RADLETT, WD7 8DB - £830,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

CHASE LODGE is a large extended detached house of 329m², built sometime between 1950 and 1966. It was last sold for £830,000 in December 2004, which was around 69% above the average December 2004 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

CHASE LODGE Sold Prices

Land registry data shows two sales for CHASE LODGE 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 CHASE LODGE 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
2004 23 DEC	£830,000	£492,443	69% above HPI
2001 31 AUG	£717,500	£368,980	94% above HPI

CHASE LODGE 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 CHASE LODGE sales from August 2001 and December 2004 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 August 2001 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the December 2004 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is CHASE LODGE?

CHASE LODGE is 329m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where CHASE LODGE lies on this distribution: 78% of detached houses are smaller than CHASE LODGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Radlett.

CHASE LODGE: Plot and Title Map

CHASE LODGE sits on a plot of roughly 0.247 of an acre, or 1,000m². The below map shows the location of CHASE LODGE, 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 CHASE LODGE). 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 CHASE LODGE?

CHASE LODGE is located on GILLS HILL LANE in RADLETT, in the WD7 postcode district. The below map shows the position of CHASE LODGE on GILLS HILL LANE.