12, PALMERSTON DRIVE, WHEATHAMPSTEAD, ST ALBANS, AL4 8FE - £695,000

Based on the April 2024 Price Paid Data (released on 30 May 2024), the March 2024 House Price Index (released on 22 May 2024), and the April 2024 Energy Performance of Buildings Data (released on 21 May 2024). Sources

12 PALMERSTON DRIVE is a small detached house of 109m², built sometime between 1996 and 2002. It was last sold for £695,000 in August 2016, which was around 28% below the average August 2016 detached price in the St Albans local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

12 PALMERSTON DRIVE Sold Prices

Land registry data shows two sales for 12 PALMERSTON DRIVE 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 PALMERSTON DRIVE 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
2016 5 AUG	£695,000	£964,297	28% below HPI
2008 22 AUG	£394,000	£612,619	36% below HPI

12 PALMERSTON DRIVE 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 PALMERSTON DRIVE sales from August 2008 and August 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 August 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 PALMERSTON DRIVE?

12 PALMERSTON DRIVE is 109m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses in Wheathampstead, based on EPC data. The below chart shows the distribution of detached houses by size in Wheathampstead, and where 12 PALMERSTON DRIVE lies on this distribution: 20% of detached houses are smaller than 12 PALMERSTON DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Wheathampstead.

12 PALMERSTON DRIVE: Plot and Title Map

12 PALMERSTON DRIVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 12 PALMERSTON DRIVE, 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 PALMERSTON DRIVE). 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 PALMERSTON DRIVE?

12 PALMERSTON DRIVE is located in WHEATHAMPSTEAD, in the AL4 postcode district. The below map shows the position of No. 12 on PALMERSTON DRIVE.