GREEN TREES, THE WARREN, RADLETT, WD7 7DS - £2,250,000

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

GREEN TREES is a large extended detached house of 252m², built sometime between 1967 and 1975. It was last sold for £2,250,000 in June 2021, which was around 123% above the average June 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

GREEN TREES Sold Prices

Land registry data shows three sales for GREEN TREES 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 GREEN TREES 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
2021 30 JUN	£2,250,000	£1,008,920	123% above HPI
2002 21 MAR	£820,000	£399,089	105% above HPI
1995 15 NOV	£393,000	£171,617	129% above HPI

GREEN TREES 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 GREEN TREES sales between November 1995 and June 2021 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 March 2002 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the June 2021 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

How Large is GREEN TREES?

GREEN TREES is 252m², which includes one extension, according to the EPC inspection conducted in November 2020. 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 GREEN TREES lies on this distribution: 62% of detached houses are smaller than GREEN TREES, and 38% of houses are larger. Note that EPC data is not available for all properties in Radlett.

GREEN TREES: Plot and Title Map

GREEN TREES sits on a plot of roughly 0.238 of an acre, or 965m². The below map shows the location of GREEN TREES, 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 GREEN TREES). 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 GREEN TREES?

GREEN TREES is located on THE WARREN in RADLETT, in the WD7 postcode district. The below map shows the position of GREEN TREES on THE WARREN.