1, THE MEADS, BRICKET WOOD, ST ALBANS, AL2 3QJ - £750,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE MEADS is a very large extended detached house of 232m², built sometime between 1950 and 1966. It was last sold for £750,000 in July 2021, which was around 28% below the average July 2021 detached price in the St Albans local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

1 THE MEADS Sold Prices

Land registry data shows two sales for 1 THE MEADS 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 THE MEADS 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 28 JUL	£750,000	£1,036,207	28% below HPI
1998 3 JUL	£185,000	£250,171	26% below HPI

1 THE MEADS 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 THE MEADS sales from July 1998 and July 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 July 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 THE MEADS?

1 THE MEADS is 232m², which includes three extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Bricket Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Bricket Wood, and where 1 THE MEADS lies on this distribution: 94% of detached houses are smaller than 1 THE MEADS, and 5% of houses are larger. Note that EPC data is not available for all properties in Bricket Wood.

1 THE MEADS: Plot and Title Map

1 THE MEADS sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 1 THE MEADS, 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 THE MEADS). 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 THE MEADS?

1 THE MEADS is located in BRICKET WOOD, in the AL2 postcode district. The below map shows the position of No. 1 on THE MEADS.