49, JEROME DRIVE, ST ALBANS, AL3 4LT - £771,500

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.

49 JEROME DRIVE is a midsized extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £1,390,241. It was last sold for £771,500 in February 2012, which was around 12% above the average February 2012 detached price in the St Albans local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

49 JEROME DRIVE Sold Prices

Land registry data shows three sales for 49 JEROME DRIVE 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. One of the three 49 JEROME DRIVE sales was for above the average price, whilst two 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
2012 3 FEB	£771,500	£686,821	12% above HPI
2007 19 JUL	£600,000	£646,827	7% below HPI
1998 6 JUL	£249,999	£266,361	6% below HPI

49 JEROME 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 three 49 JEROME DRIVE sales between July 1998 and February 2012 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 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2012 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 49 JEROME DRIVE be worth now?

49 JEROME DRIVE might now be worth an estimated £1,390,241.

This is based on house price inflation of 80.2%, between February 2012 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 80.2% inflationary increase is applied to the most recent sale price for 49 JEROME DRIVE of £771,500 on 3rd February 2012. For the value to have increased from £771,500 to £1,390,241 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 49 JEROME DRIVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The February 2012 sale price of £771,500 represented a fair market value for the property.
• The size, condition, and specification of 49 JEROME DRIVE has not materially changed since February 2012.

How Large is 49 JEROME DRIVE?

49 JEROME DRIVE is 152m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the largest 50% 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 49 JEROME DRIVE lies on this distribution: 59% of detached houses houses are smaller than 49 JEROME DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in St Albans.

49 JEROME DRIVE: Plot and Title Map

49 JEROME DRIVE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 49 JEROME 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 49 JEROME 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 49 JEROME DRIVE?

49 JEROME DRIVE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 49 on JEROME DRIVE.