8, NEW ROAD, SHENLEY, RADLETT, WD7 9EA - £420,000

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.

8 NEW ROAD is a small extended semi-detached house of 102m², built sometime between 1900 and 1929, which could now be worth an estimated £730,343. It was last sold for £420,000 in September 2012, which was around 20% above the average September 2012 semi-detached price in the Hertsmere local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

8 NEW ROAD Sold Prices

Land registry data shows three sales for 8 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hertsmere local authority area for the corresponding sale date. All of the three 8 NEW 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
2012 14 SEP	£420,000	£348,894	20% above HPI
2000 31 MAY	£215,000	£159,793	35% above HPI
1995 25 MAY	£131,000	£88,877	47% above HPI

8 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 three 8 NEW ROAD sales between May 1995 and September 2012 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 May 2000 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2012 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 8 NEW ROAD be worth now?

8 NEW ROAD might now be worth an estimated £730,343.

This is based on house price inflation of 73.9%, between September 2012 and February 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 73.9% inflationary increase is applied to the most recent sale price for 8 NEW ROAD of £420,000 on 14th September 2012. For the value to have increased from £420,000 to £730,343 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 NEW ROAD has moved in line with the HPI for semi-detached houses in the Hertsmere local authority area.
• The September 2012 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NEW ROAD has not materially changed since September 2012.

How Large is 8 NEW ROAD?

8 NEW ROAD is 102m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the smallest 40% 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 8 NEW ROAD lies on this distribution: 30% of semi-detached houses houses are smaller than 8 NEW ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Shenley.

8 NEW ROAD: Plot and Title Map

8 NEW ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 8 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 8 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 8 NEW ROAD?

8 NEW ROAD is located in SHENLEY, in the WD7 postcode district. The below map shows the position of No. 8 on NEW ROAD.