12, MEADWAY, HARPENDEN, AL5 1JL - £1,550,000

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 MEADWAY is a very large extended detached house of 248m², built sometime between 2007 and 2011, which could now be worth an estimated £1,638,499. It was last sold for £1,550,000 in April 2022, which was around 32% above the average April 2022 detached price in the St Albans local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

12 MEADWAY Sold Prices

Land registry data shows four sales for 12 MEADWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Most of the four 12 MEADWAY 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 6 APR	£1,550,000	£1,177,310	32% above HPI
2007 28 JUN	£570,000	£641,894	11% below HPI
2004 8 DEC	£393,000	£526,758	25% below HPI
1999 24 NOV	£231,000	£320,556	28% below HPI

12 MEADWAY 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 four 12 MEADWAY sales between November 1999 and April 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 June 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 12 MEADWAY be worth now?

12 MEADWAY might now be worth an estimated £1,638,499.

This is based on house price inflation of 5.7%, between April 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 5.7% inflationary increase is applied to the most recent sale price for 12 MEADWAY of £1,550,000 on 6th April 2022. For the value to have increased from £1,550,000 to £1,638,499 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 12 MEADWAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The April 2022 sale price of £1,550,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MEADWAY has not materially changed since April 2022.

How Large is 12 MEADWAY?

12 MEADWAY is 248m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% 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 12 MEADWAY lies on this distribution: 80% of detached houses houses are smaller than 12 MEADWAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

12 MEADWAY: Plot and Title Map

12 MEADWAY sits on a plot of roughly 0.284 of an acre, or 1,148m². The below map shows the location of 12 MEADWAY, 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 MEADWAY). 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 MEADWAY?

12 MEADWAY is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 12 on MEADWAY.