1, FAIRMEAD AVENUE, HARPENDEN, AL5 5UD - £885,000

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.

1 FAIRMEAD AVENUE is a large detached house of 238m², which could now be worth an estimated £1,127,652. It was last sold for £885,000 in February 2016, which was around 9% below the average February 2016 detached price in the St Albans local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was B.

1 FAIRMEAD AVENUE Sold Prices

Land registry data shows two sales for 1 FAIRMEAD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. One of the two 1 FAIRMEAD AVENUE sales was for below the average price, whilst the other was 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
2016 17 FEB	£885,000	£971,328	9% below HPI
2013 8 MAR	£750,000	£725,266	3% above HPI

1 FAIRMEAD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The two 1 FAIRMEAD AVENUE sales from March 2013 and February 2016 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 March 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 FAIRMEAD AVENUE be worth now?

1 FAIRMEAD AVENUE might now be worth an estimated £1,127,652.

This is based on house price inflation of 27.4%, between February 2016 and February 2025, for detached houses, in the St Albans local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.4% inflationary increase is applied to the most recent sale price for 1 FAIRMEAD AVENUE of £885,000 on 17th February 2016. For the value to have increased from £885,000 to £1,127,652 over the nine years to February 2025, the following assumptions must hold true:

• The value of 1 FAIRMEAD AVENUE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The February 2016 sale price of £885,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FAIRMEAD AVENUE has not materially changed since February 2016.

How Large is 1 FAIRMEAD AVENUE?

1 FAIRMEAD AVENUE is 238m² according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harpenden, and where 1 FAIRMEAD AVENUE lies on this distribution: 78% of detached houses houses are smaller than 1 FAIRMEAD AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

1 FAIRMEAD AVENUE: Plot and Title Map

1 FAIRMEAD AVENUE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 1 FAIRMEAD AVENUE, 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 1 FAIRMEAD AVENUE). 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 1 FAIRMEAD AVENUE?

1 FAIRMEAD AVENUE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 1 on FAIRMEAD AVENUE.