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
38 MEADOWCROFT is a very small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £530,000 in July 2023, which was around 52% below the average July 2023 detached price in the St Albans local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 38 MEADOWCROFT since 1st 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 38 MEADOWCROFT 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 14 JUL | £530,000 | £1,103,748 | 52% below HPI |
2010 8 NOV | £270,000 | £650,196 | 58% below HPI |
2006 28 FEB | £238,000 | £507,901 | 53% below HPI |
1996 2 DEC | £83,000 | £190,180 | 56% below HPI |
The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The four 38 MEADOWCROFT sales between December 1996 and July 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 November 2010 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2023 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.
38 MEADOWCROFT is 94m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses by size in St Albans, and where 38 MEADOWCROFT lies on this distribution: 12% of detached houses are smaller than 38 MEADOWCROFT, and 87% of houses are larger. Note that EPC data is not available for all properties in St Albans.
38 MEADOWCROFT sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 38 MEADOWCROFT, 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 38 MEADOWCROFT). 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.
38 MEADOWCROFT is located in ST. ALBANS, in the AL1 postcode district. The below map shows the position of No. 38 on MEADOWCROFT.