2, THE RIDGEWAY, RADLETT, WD7 8PR - £2,936,000

2 THE RIDGEWAY is a very large detached house of 373m², built sometime between 2003 and 2006. It was last sold for £2,936,000 in June 2014, which was around 306% above the average June 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

2 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 2 THE RIDGEWAY 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 THE RIDGEWAY 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
2014 23 JUN	£2,936,000	£723,563	306% above HPI
2001 2 AUG	£725,000	£368,980	96% above HPI

2 THE RIDGEWAY 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 THE RIDGEWAY sales from August 2001 and June 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 2001 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the June 2014 sale, where it rises to 306% above the HPI. The line then continues to track at 306% above the HPI.

How Large is 2 THE RIDGEWAY?

2 THE RIDGEWAY is 373m² according to the EPC inspection conducted in February 2012. This puts it in the largest 20% 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 THE RIDGEWAY lies on this distribution: 84% of detached houses are smaller than 2 THE RIDGEWAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Radlett.

2 THE RIDGEWAY: Plot and Title Map

2 THE RIDGEWAY sits on a plot of roughly 0.437 of an acre, or 1,769m². The below map shows the location of 2 THE RIDGEWAY, 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 THE RIDGEWAY). 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 THE RIDGEWAY?

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