12, BROAD ACRE, BRICKET WOOD, ST ALBANS, AL2 3RX - £620,000

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

12 BROAD ACRE is a very small extended detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £639,660. It was last sold for £620,000 in August 2022, which was around 49% below the average August 2022 detached price in the St Albans local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

12 BROAD ACRE Sold Prices

Land registry data shows two sales for 12 BROAD ACRE 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 12 BROAD ACRE 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
2022 10 AUG	£620,000	£1,206,280	49% below HPI
2004 6 AUG	£290,000	£527,512	45% below HPI

12 BROAD ACRE 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 12 BROAD ACRE sales from August 2004 and August 2022 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 August 2004 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2022 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 12 BROAD ACRE be worth now?

12 BROAD ACRE might now be worth an estimated £639,660.

This is based on house price inflation of 3.2%, between August 2022 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 3.2% inflationary increase is applied to the most recent sale price for 12 BROAD ACRE of £620,000 on 10th August 2022. For the value to have increased from £620,000 to £639,660 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 12 BROAD ACRE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The August 2022 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BROAD ACRE has not materially changed since August 2022.

How Large is 12 BROAD ACRE?

12 BROAD ACRE is 89m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses houses in Bricket Wood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bricket Wood, and where 12 BROAD ACRE lies on this distribution: 16% of detached houses houses are smaller than 12 BROAD ACRE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bricket Wood.

12 BROAD ACRE: Plot and Title Map

12 BROAD ACRE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 12 BROAD ACRE, 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 12 BROAD ACRE). 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 12 BROAD ACRE?

12 BROAD ACRE is located in BRICKET WOOD, in the AL2 postcode district. The below map shows the position of No. 12 on BROAD ACRE.