16, RIBSTON CLOSE, SHENLEY, RADLETT, WD7 9JW - £540,000

16 RIBSTON CLOSE is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £540,000 in September 2015, which was around 36% below the average September 2015 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

16 RIBSTON CLOSE Sold Prices

Land registry data shows four sales for 16 RIBSTON CLOSE 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 16 RIBSTON CLOSE sales were for below 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
2015 14 SEP	£540,000	£837,466	36% below HPI
2002 31 JAN	£248,000	£399,659	38% below HPI
1999 27 MAY	£175,000	£250,136	30% below HPI
1995 30 NOV	£119,000	£171,617	31% below HPI

16 RIBSTON CLOSE 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 16 RIBSTON CLOSE sales between November 1995 and September 2015 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 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2015 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 RIBSTON CLOSE?

16 RIBSTON CLOSE is 85m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Shenley, based on EPC data. The below chart shows the distribution of detached houses by size in Shenley, and where 16 RIBSTON CLOSE lies on this distribution: 13% of detached houses are smaller than 16 RIBSTON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Shenley.

16 RIBSTON CLOSE: Plot and Title Map

16 RIBSTON CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 16 RIBSTON CLOSE, 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 16 RIBSTON CLOSE). 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 16 RIBSTON CLOSE?

16 RIBSTON CLOSE is located in SHENLEY, in the WD7 postcode district. The below map shows the position of No. 16 on RIBSTON CLOSE.