FIRST HOUSE, WILLIAMS WAY, RADLETT, WD7 7EZ - £1,200,000

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

FIRST HOUSE is a large extended detached house of 270m², built sometime between 1983 and 1990. It was last sold for £1,200,000 in November 2014, which was around 55% above the average November 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was C.

FIRST HOUSE Sold Prices

Land registry data shows two sales for FIRST HOUSE 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 FIRST HOUSE 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
2014 21 NOV	£1,200,000	£773,504	55% above HPI
1997 30 JUL	£300,000	£210,980	42% above HPI

FIRST HOUSE 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 FIRST HOUSE sales from July 1997 and November 2014 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 1997 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2014 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is FIRST HOUSE?

FIRST HOUSE is 270m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 FIRST HOUSE lies on this distribution: 67% of detached houses are smaller than FIRST HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Radlett.

FIRST HOUSE: Plot and Title Map

FIRST HOUSE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of FIRST HOUSE, 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 FIRST HOUSE). 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 FIRST HOUSE?

FIRST HOUSE is located on WILLIAMS WAY in RADLETT, in the WD7 postcode district. The below map shows the position of FIRST HOUSE on WILLIAMS WAY.