12, 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

12 THE MEADS is a midsized extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £750,000 in September 2023, which was around 33% below the average September 2023 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 C.

12 THE MEADS Sold Prices

Land registry data shows four sales for 12 THE MEADS 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. All of the four 12 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
2023 13 SEP	£750,000	£1,113,793	33% below HPI
2010 16 AUG	£350,000	£638,103	45% below HPI
2001 5 SEP	£320,000	£382,015	16% below HPI
1996 19 NOV	£148,500	£187,326	21% below HPI

12 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 four 12 THE MEADS sales between November 1996 and September 2023 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 2010 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 12 THE MEADS?

12 THE MEADS is 129m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 12 THE MEADS lies on this distribution: 50% of detached houses are smaller than 12 THE MEADS, and 48% of houses are larger. Note that EPC data is not available for all properties in Bricket Wood.

12 THE MEADS: Plot and Title Map

12 THE MEADS sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 12 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 12 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 12 THE MEADS?

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