1, GARRARD WAY, WHEATHAMPSTEAD, ST ALBANS, AL4 8PE - £599,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GARRARD WAY is a very small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £707,086. It was last sold for £599,000 in April 2021, which was around 43% below the average April 2021 detached price in the St Albans local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was C.

1 GARRARD WAY Sold Prices

Land registry data shows two sales for 1 GARRARD WAY 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. Both of the two 1 GARRARD WAY sales were for below 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
2021 8 APR	£599,000	£1,054,290	43% below HPI
2011 30 JUN	£315,000	£683,557	54% below HPI

1 GARRARD WAY 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 GARRARD WAY sales from June 2011 and April 2021 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 June 2011 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the April 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 1 GARRARD WAY be worth now?

1 GARRARD WAY might now be worth an estimated £707,086.

This is based on house price inflation of 18%, between April 2021 and December 2024, 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 18% inflationary increase is applied to the most recent sale price for 1 GARRARD WAY of £599,000 on 8th April 2021. For the value to have increased from £599,000 to £707,086 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 1 GARRARD WAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The April 2021 sale price of £599,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GARRARD WAY has not materially changed since April 2021.

How Large is 1 GARRARD WAY?

1 GARRARD WAY is 90m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses houses in Wheathampstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wheathampstead, and where 1 GARRARD WAY lies on this distribution: 6% of detached houses houses are smaller than 1 GARRARD WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Wheathampstead.

1 GARRARD WAY: Plot and Title Map

1 GARRARD WAY sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 1 GARRARD WAY, 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 GARRARD WAY). 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 GARRARD WAY?

1 GARRARD WAY is located in WHEATHAMPSTEAD, in the AL4 postcode district. The below map shows the position of No. 1 on GARRARD WAY.