12, WEST WAY, HARPENDEN, AL5 4RD - £1,673,500

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 WEST WAY is a very small extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £1,673,500 in February 2024, which was around 50% above the average February 2024 detached price in the St Albans local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was D.

12 WEST WAY Sold Prices

Land registry data shows four sales for 12 WEST WAY 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. two of the four 12 WEST WAY sales were for above the average price, and four 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
2024 27 FEB	£1,673,500	£1,117,063	50% above HPI
2018 13 JUN	£1,585,000	£979,452	62% above HPI
2014 17 FEB	£595,000	£733,768	19% below HPI
1997 28 MAY	£152,500	£205,318	26% below HPI

12 WEST WAY 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 WEST WAY sales between May 1997 and February 2024 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 2018 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the February 2024 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 12 WEST WAY?

12 WEST WAY is 114m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses by size in Harpenden, and where 12 WEST WAY lies on this distribution: 15% of detached houses are smaller than 12 WEST WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

12 WEST WAY: Plot and Title Map

12 WEST WAY sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 12 WEST WAY, 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 WEST WAY). 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 WEST WAY?

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