22, CHESTNUT DRIVE, ST ALBANS, AL4 0ES - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 CHESTNUT DRIVE is a small extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £676,898. It was last sold for £305,000 in March 2009, which was around 45% below the average March 2009 detached price in the St Albans local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

22 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 22 CHESTNUT 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 22 CHESTNUT 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
2009 13 MAR	£305,000	£557,666	45% below HPI
2000 1 DEC	£179,995	£367,763	51% below HPI

22 CHESTNUT 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 22 CHESTNUT DRIVE sales from December 2000 and March 2009 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 December 2000 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 2009 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 22 CHESTNUT DRIVE be worth now?

22 CHESTNUT DRIVE might now be worth an estimated £676,898.

This is based on house price inflation of 121.9%, between March 2009 and February 2025, for detached houses, in the St Albans local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 121.9% inflationary increase is applied to the most recent sale price for 22 CHESTNUT DRIVE of £305,000 on 13th March 2009. For the value to have increased from £305,000 to £676,898 over the sixteen years and one month to February 2025, the following assumptions must hold true:

• The value of 22 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The March 2009 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CHESTNUT DRIVE has not materially changed since March 2009.

How Large is 22 CHESTNUT DRIVE?

22 CHESTNUT DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses houses by size in St Albans, and where 22 CHESTNUT DRIVE lies on this distribution: 39% of detached houses houses are smaller than 22 CHESTNUT DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in St Albans.

22 CHESTNUT DRIVE: Plot and Title Map

22 CHESTNUT DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 22 CHESTNUT 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 22 CHESTNUT 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 22 CHESTNUT DRIVE?

22 CHESTNUT DRIVE is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 22 on CHESTNUT DRIVE.