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 WADDLING LANE is a very large extended detached house of 182m², built sometime between 1996 and 2002. It was last sold for £1,008,000 in November 2022, which was around 12% below the average November 2022 detached price in the St Albans local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 2 WADDLING LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Most of the five 2 WADDLING LANE sales were for above 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 29 NOV | £1,008,000 | £1,145,851 | 12% below HPI |
2010 30 MAR | £655,000 | £604,846 | 8% above HPI |
2008 17 JUN | £697,000 | £627,721 | 11% above HPI |
2006 12 MAY | £640,000 | £519,330 | 23% above HPI |
2002 19 JUL | £560,000 | £426,337 | 31% above HPI |
The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The five 2 WADDLING LANE sales between July 2002 and November 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 March 2010 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
2 WADDLING LANE is 182m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% 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 WADDLING LANE lies on this distribution: 87% of detached houses are smaller than 2 WADDLING LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Wheathampstead.
2 WADDLING LANE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 2 WADDLING LANE, 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 WADDLING LANE). 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.
2 WADDLING LANE is located in WHEATHAMPSTEAD, in the AL4 postcode district. The below map shows the position of No. 2 on WADDLING LANE.