4, THE RIDGEWAY, RADLETT, WD7 8PR - £3,800,000

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.

4 THE RIDGEWAY is a very large extended detached house of 493m², built sometime between 2003 and 2006, which could now be worth an estimated £4,172,606. It was last sold for £3,800,000 in October 2020, which was around 244% above the average October 2020 detached price in the Hertsmere local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

4 THE RIDGEWAY Sold Prices

Land registry data shows one sale for 4 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 15 OCT	£3,800,000	£1,104,900	244% above HPI

What might 4 THE RIDGEWAY be worth now?

4 THE RIDGEWAY might now be worth an estimated £4,172,606.

This is based on house price inflation of 9.8%, between October 2020 and May 2026, for 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 9.8% inflationary increase is applied to the most recent sale price for 4 THE RIDGEWAY of £3,800,000 on 15th October 2020. For the value to have increased from £3,800,000 to £4,172,606 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 4 THE RIDGEWAY has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The October 2020 sale price of £3,800,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE RIDGEWAY has not materially changed since October 2020.

How Large is 4 THE RIDGEWAY?

4 THE RIDGEWAY is 493m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses in Radlett, based on EPC data. The below chart shows the distribution of detached houses by size in Radlett, and where 4 THE RIDGEWAY lies on this distribution: 93% of detached houses are smaller than 4 THE RIDGEWAY, and 7% of detached houses are larger. Note that EPC data is not available for all properties in Radlett.

4 THE RIDGEWAY: Plot

4 THE RIDGEWAY sits on a plot of roughly 0.439 of an acre, or 1,776m².

Where is 4 THE RIDGEWAY?

4 THE RIDGEWAY is located in RADLETT, in the WD7 postcode district.