2, OLD SCHOOL DRIVE, WHEATHAMPSTEAD, ST ALBANS, AL4 8FH - £770,000

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

2 OLD SCHOOL DRIVE is a small detached house of 111m², built sometime between 2007 and 2011. It was last sold for £770,000 in November 2021, which was around 28% below the average November 2021 detached price in the St Albans local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

2 OLD SCHOOL DRIVE Sold Prices

Land registry data shows three sales for 2 OLD SCHOOL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the three 2 OLD SCHOOL 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
2021 1 NOV	£770,000	£1,071,522	28% below HPI
2015 15 SEP	£650,000	£879,941	26% below HPI
2011 30 JUN	£470,000	£642,008	27% below HPI

2 OLD SCHOOL 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 three 2 OLD SCHOOL DRIVE sales between June 2011 and November 2021 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 September 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 OLD SCHOOL DRIVE?

2 OLD SCHOOL DRIVE is 111m² according to the EPC inspection conducted in June 2021. 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 2 OLD SCHOOL DRIVE lies on this distribution: 24% of detached houses are smaller than 2 OLD SCHOOL DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Wheathampstead.

2 OLD SCHOOL DRIVE: Plot and Title Map

2 OLD SCHOOL DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 OLD SCHOOL 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 2 OLD SCHOOL 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 2 OLD SCHOOL DRIVE?

2 OLD SCHOOL DRIVE is located in WHEATHAMPSTEAD, in the AL4 postcode district. The below map shows the position of No. 2 on OLD SCHOOL DRIVE.