2, PENNE CLOSE, RADLETT, WD7 7PL - £1,470,000

2 PENNE CLOSE is a large detached house of 290m², built sometime between 1991 and 1995. It was last sold for £1,470,000 in September 2022, which was around 28% above the average September 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

2 PENNE CLOSE Sold Prices

Land registry data shows two sales for 2 PENNE CLOSE 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 2 PENNE CLOSE 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
2022 5 SEP	£1,470,000	£1,147,559	28% above HPI
2001 21 SEP	£900,000	£392,102	130% above HPI

2 PENNE 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 two 2 PENNE CLOSE sales from September 2001 and September 2022 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 2001 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the September 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 PENNE CLOSE?

2 PENNE CLOSE is 290m² according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where 2 PENNE CLOSE lies on this distribution: 71% of detached houses are smaller than 2 PENNE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Radlett.

2 PENNE CLOSE: Plot and Title Map

2 PENNE CLOSE sits on a plot of roughly 0.275 of an acre, or 1,115m². The below map shows the location of 2 PENNE 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 2 PENNE 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 2 PENNE CLOSE?

2 PENNE CLOSE is located in RADLETT, in the WD7 postcode district. The below map shows the position of No. 2 on PENNE CLOSE.