SILVER BIRCHES, GILLS HILL LANE, RADLETT, WD7 8DD - £1,475,000

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

SILVER BIRCHES is a midsized extended detached house of 239m², built sometime between 1950 and 1966. It was last sold for £1,475,000 in January 2017, which was around 54% above the average January 2017 detached price in the Hertsmere local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

SILVER BIRCHES Sold Prices

Land registry data shows two sales for SILVER BIRCHES 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 SILVER BIRCHES 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
2017 25 JAN	£1,475,000	£954,880	54% above HPI
2010 16 SEP	£970,000	£615,070	58% above HPI

SILVER BIRCHES 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 SILVER BIRCHES sales from September 2010 and January 2017 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 September 2010 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the January 2017 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is SILVER BIRCHES?

SILVER BIRCHES is 239m², which includes four extensions, according to the EPC inspection conducted in August 2015. 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 SILVER BIRCHES lies on this distribution: 59% of detached houses are smaller than SILVER BIRCHES, and 40% of houses are larger. Note that EPC data is not available for all properties in Radlett.

SILVER BIRCHES: Plot and Title Map

SILVER BIRCHES sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of SILVER BIRCHES, 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 SILVER BIRCHES). 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 SILVER BIRCHES?

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