HAZELWOOD, THE WARREN, RADLETT, WD7 7DU - £1,000,000

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.

HAZELWOOD is a large extended detached house of 286m², built sometime between 1967 and 1975, which could now be worth an estimated £948,356. It was last sold for £1,000,000 in May 2023, which was around 19% below the average May 2023 detached price in the Hertsmere local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.

HAZELWOOD Sold Prices

Land registry data shows three sales for HAZELWOOD 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. One of the three HAZELWOOD sales was for below the average price, whilst two 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
2023 19 MAY	£1,000,000	£1,236,930	19% below HPI
2016 30 MAR	£1,270,000	£1,010,620	26% above HPI
2000 5 SEP	£425,000	£383,751	11% above HPI

HAZELWOOD 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 HAZELWOOD sales between September 2000 and May 2023 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 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might HAZELWOOD be worth now?

HAZELWOOD might now be worth an estimated £948,356.

This is based on house price deflation of 5.2%, between May 2023 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 5.2% deflationary decrease is applied to the most recent sale price for HAZELWOOD of £1,000,000 on 19th May 2023. For the value to have decreased from £1,000,000 to £948,356 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of HAZELWOOD has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The May 2023 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of HAZELWOOD has not materially changed since May 2023.

How Large is HAZELWOOD?

HAZELWOOD is 286m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 30% 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 HAZELWOOD lies on this distribution: 70% of detached houses houses are smaller than HAZELWOOD, and 30% of houses are larger. Note that EPC data is not available for all properties in Radlett.

HAZELWOOD: Plot and Title Map

HAZELWOOD sits on a plot of roughly 0.215 of an acre, or 870m². The below map shows the location of HAZELWOOD, 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 HAZELWOOD). 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 HAZELWOOD?

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