387A, WATFORD ROAD, ST ALBANS, AL2 3DF - £850,000

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

387A WATFORD ROAD is a midsized extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £850,000 in August 2024, which was around 26% below the average August 2024 detached price in the St Albans local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

387A WATFORD ROAD Sold Prices

Land registry data shows two sales for 387A WATFORD ROAD 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 387A WATFORD ROAD 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
2024 9 AUG	£850,000	£1,148,224	26% below HPI
2010 30 JUL	£487,500	£630,462	23% below HPI

387A WATFORD ROAD 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 387A WATFORD ROAD sales from July 2010 and August 2024 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 July 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 387A WATFORD ROAD?

387A WATFORD ROAD is 134m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses in Chiswell Green, based on EPC data. The below chart shows the distribution of detached houses by size in Chiswell Green, and where 387A WATFORD ROAD lies on this distribution: 50% of detached houses are smaller than 387A WATFORD ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Chiswell Green.

387A WATFORD ROAD: Plot and Title Map

387A WATFORD ROAD sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 387A WATFORD ROAD, 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 387A WATFORD ROAD). 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 387A WATFORD ROAD?

387A WATFORD ROAD is located in ST ALBANS, in the AL2 postcode district. The below map shows the position of No. 387A on WATFORD ROAD.