2, NEW ROAD, SHENLEY, RADLETT, WD7 9EA - £390,000

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.

2 NEW ROAD is a very small extended semi-detached house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £631,704. It was last sold for £390,000 in February 2014, which was around 4% above the average February 2014 semi-detached price in the Hertsmere local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was E.

2 NEW ROAD Sold Prices

Land registry data shows two sales for 2 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hertsmere local authority area for the corresponding sale date. One of the two 2 NEW ROAD sales was for above the average price, whilst the other was 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
2014 7 FEB	£390,000	£374,746	4% above HPI
1997 4 AUG	£18,000	£112,439	84% below HPI

2 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hertsmere local authority area over time, sourced from the HPI. The two 2 NEW ROAD sales from August 1997 and February 2014 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 August 1997 sale was for 84% below the HPI. So the extrapolation line tracks at 84% below the HPI over time, until the February 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 NEW ROAD be worth now?

2 NEW ROAD might now be worth an estimated £631,704.

This is based on house price inflation of 62%, between February 2014 and March 2025, for semi-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 62% inflationary increase is applied to the most recent sale price for 2 NEW ROAD of £390,000 on 7th February 2014. For the value to have increased from £390,000 to £631,704 over the ten years and eleven months to March 2025, the following assumptions must hold true:

• The value of 2 NEW ROAD has moved in line with the HPI for semi-detached houses in the Hertsmere local authority area.
• The February 2014 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW ROAD has not materially changed since February 2014.

How Large is 2 NEW ROAD?

2 NEW ROAD is 90m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of semi-detached houses houses in Shenley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shenley, and where 2 NEW ROAD lies on this distribution: 18% of semi-detached houses houses are smaller than 2 NEW ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Shenley.

2 NEW ROAD: Plot and Title Map

2 NEW ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 NEW 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 2 NEW 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 2 NEW ROAD?

2 NEW ROAD is located in SHENLEY, in the WD7 postcode district. The below map shows the position of No. 2 on NEW ROAD.