40, HOMEWOOD ROAD, ST ALBANS, AL1 4BQ - £2,719,000

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

40 HOMEWOOD ROAD is a very large extended detached house of 390m², built sometime between 2007 and 2011. It was last sold for £2,719,000 in October 2021, which was around 155% above the average October 2021 detached price in the St Albans local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

40 HOMEWOOD ROAD Sold Prices

Land registry data shows three sales for 40 HOMEWOOD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the three 40 HOMEWOOD ROAD 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
2021 7 OCT	£2,719,000	£1,065,943	155% above HPI
2012 3 SEP	£2,000,000	£679,116	195% above HPI
2007 5 JAN	£825,000	£570,142	45% above HPI

40 HOMEWOOD 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 three 40 HOMEWOOD ROAD sales between January 2007 and October 2021 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 September 2012 sale was for 195% above the HPI. So the extrapolation line tracks at 195% above the HPI over time, until the October 2021 sale, where it falls to 155% above the HPI. The line then continues to track at 155% above the HPI.

How Large is 40 HOMEWOOD ROAD?

40 HOMEWOOD ROAD is 390m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 10% 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 40 HOMEWOOD ROAD lies on this distribution: 98% of detached houses are smaller than 40 HOMEWOOD ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in St Albans.

40 HOMEWOOD ROAD: Plot and Title Map

40 HOMEWOOD ROAD sits on a plot of roughly 0.260 of an acre, or 1,053m². The below map shows the location of 40 HOMEWOOD 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 40 HOMEWOOD 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 40 HOMEWOOD ROAD?

40 HOMEWOOD ROAD is located in ST. ALBANS, in the AL1 postcode district. The below map shows the position of No. 40 on HOMEWOOD ROAD.