WATERSIDE COTTAGE, BROOK DRIVE, RADLETT, WD7 8ET - £812,000

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

WATERSIDE COTTAGE is a very small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £812,000 in August 2011, which was around 32% above the average August 2011 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

WATERSIDE COTTAGE Sold Prices

Land registry data shows three sales for WATERSIDE COTTAGE 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 WATERSIDE 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
2011 2 AUG	£812,000	£616,681	32% above HPI
2005 27 JUN	£550,000	£502,907	9% above HPI
1998 3 MAR	£285,000	£235,046	21% above HPI

WATERSIDE 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 three WATERSIDE COTTAGE sales between March 1998 and August 2011 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 June 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2011 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is WATERSIDE COTTAGE?

WATERSIDE COTTAGE is 94m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where WATERSIDE COTTAGE lies on this distribution: 3% of detached houses are smaller than WATERSIDE COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Radlett.

WATERSIDE COTTAGE: Plot and Title Map

WATERSIDE COTTAGE sits on a plot of roughly 0.205 of an acre, or 829m². The below map shows the location of WATERSIDE 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 WATERSIDE 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 WATERSIDE COTTAGE?

WATERSIDE COTTAGE is located on BROOK DRIVE in RADLETT, in the WD7 postcode district. The below map shows the position of WATERSIDE COTTAGE on BROOK DRIVE.