38, OLD SCHOOL DRIVE, WHEATHAMPSTEAD, ST ALBANS, AL4 8FH - £515,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 OLD SCHOOL DRIVE is a small detached house of 110m², which could now be worth an estimated £730,852. It was last sold for £515,000 in April 2015, which was around 41% below the average April 2015 detached price in the St Albans local authority area. The most recent EPC inspection was March 2010, where the current energy rating was B, and the potential energy rating was B.

38 OLD SCHOOL DRIVE Sold Prices

Land registry data shows two sales for 38 OLD SCHOOL 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 38 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
2015 30 APR	£515,000	£872,119	41% below HPI
2012 26 JUN	£460,000	£720,311	36% below HPI

38 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 two 38 OLD SCHOOL DRIVE sales from June 2012 and April 2015 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 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 38 OLD SCHOOL DRIVE be worth now?

38 OLD SCHOOL DRIVE might now be worth an estimated £730,852.

This is based on house price inflation of 41.9%, between April 2015 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 41.9% inflationary increase is applied to the most recent sale price for 38 OLD SCHOOL DRIVE of £515,000 on 30th April 2015. For the value to have increased from £515,000 to £730,852 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 38 OLD SCHOOL DRIVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The April 2015 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 38 OLD SCHOOL DRIVE has not materially changed since April 2015.

How Large is 38 OLD SCHOOL DRIVE?

38 OLD SCHOOL DRIVE is 110m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses houses in Wheathampstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wheathampstead, and where 38 OLD SCHOOL DRIVE lies on this distribution: 21% of detached houses houses are smaller than 38 OLD SCHOOL DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Wheathampstead.

38 OLD SCHOOL DRIVE: Plot and Title Map

38 OLD SCHOOL DRIVE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 38 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 38 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 38 OLD SCHOOL DRIVE?

38 OLD SCHOOL DRIVE is located in WHEATHAMPSTEAD, in the AL4 postcode district. The below map shows the position of No. 38 on OLD SCHOOL DRIVE.