1, LETCHMORE ROAD, RADLETT, WD7 8HU - £1,300,000

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.

1 LETCHMORE ROAD is a midsized extended detached house of 219m², built sometime between 1930 and 1949, which could now be worth an estimated £1,457,052. It was last sold for £1,300,000 in May 2019, which was around 25% above the average May 2019 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

1 LETCHMORE ROAD Sold Prices

Land registry data shows four sales for 1 LETCHMORE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the four 1 LETCHMORE ROAD 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
2019 23 MAY	£1,300,000	£1,043,460	25% above HPI
2001 26 JAN	£499,750	£382,685	31% above HPI
1997 29 AUG	£340,000	£238,563	43% above HPI
1997 26 JUN	£283,000	£222,306	27% above HPI

1 LETCHMORE ROAD 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 four 1 LETCHMORE ROAD sales between June 1997 and May 2019 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 January 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2019 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 1 LETCHMORE ROAD be worth now?

1 LETCHMORE ROAD might now be worth an estimated £1,457,052.

This is based on house price inflation of 12.1%, between May 2019 and June 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 12.1% inflationary increase is applied to the most recent sale price for 1 LETCHMORE ROAD of £1,300,000 on 23rd May 2019. For the value to have increased from £1,300,000 to £1,457,052 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 1 LETCHMORE ROAD has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The May 2019 sale price of £1,300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LETCHMORE ROAD has not materially changed since May 2019.

How Large is 1 LETCHMORE ROAD?

1 LETCHMORE ROAD is 219m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% 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 1 LETCHMORE ROAD lies on this distribution: 51% of detached houses houses are smaller than 1 LETCHMORE ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Radlett.

1 LETCHMORE ROAD: Plot and Title Map

1 LETCHMORE ROAD sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 1 LETCHMORE ROAD, 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 1 LETCHMORE ROAD). 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 1 LETCHMORE ROAD?

1 LETCHMORE ROAD is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 1 on LETCHMORE ROAD.