FIR SPRING COTTAGE, THE PATHWAY, RADLETT, WD7 8JB - £2,575,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FIR SPRING COTTAGE is a midsized detached house of 214m², built sometime between 1930 and 1949. It was last sold for £2,575,000 in March 2024, which was around 149% above the average March 2024 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

FIR SPRING COTTAGE Sold Prices

Land registry data shows two sales for FIR SPRING COTTAGE 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 FIR SPRING COTTAGE 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
2024 14 MAR	£2,575,000	£1,032,810	149% above HPI
2002 22 JUL	£850,000	£422,649	101% above HPI

FIR SPRING COTTAGE 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 FIR SPRING COTTAGE sales from July 2002 and March 2024 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 2002 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the March 2024 sale, where it rises to 149% above the HPI. The line then continues to track at 149% above the HPI.

How Large is FIR SPRING COTTAGE?

FIR SPRING COTTAGE is 214m² according to the EPC inspection conducted in September 2023. This puts it in the largest 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 FIR SPRING COTTAGE lies on this distribution: 51% of detached houses are smaller than FIR SPRING COTTAGE, and 49% of houses are larger. Note that EPC data is not available for all properties in Radlett.

FIR SPRING COTTAGE: Plot and Title Map

FIR SPRING COTTAGE sits on a plot of roughly 0.415 of an acre, or 1,679m². The below map shows the location of FIR SPRING COTTAGE, 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 FIR SPRING COTTAGE). 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 FIR SPRING COTTAGE?

FIR SPRING COTTAGE is located on THE PATHWAY in RADLETT, in the WD7 postcode district. The below map shows the position of FIR SPRING COTTAGE on THE PATHWAY.