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
525 WATFORD ROAD is a midsized extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £770,000 in July 2023, which was around 30% below the average July 2023 detached price in the St Albans local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 525 WATFORD ROAD since 1st 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 525 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 |
---|---|---|---|
2023 11 JUL | £770,000 | £1,103,748 | 30% below HPI |
2019 13 AUG | £699,995 | £956,625 | 27% below HPI |
2018 2 MAR | £452,500 | £983,448 | 54% 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 three 525 WATFORD ROAD sales between March 2018 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 August 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
525 WATFORD ROAD is 139m², which includes two extensions, according to the EPC inspection conducted in January 2019. 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 525 WATFORD ROAD lies on this distribution: 54% of detached houses are smaller than 525 WATFORD ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Chiswell Green.
525 WATFORD ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 525 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 525 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.
525 WATFORD ROAD is located in ST ALBANS, in the AL2 postcode district. The below map shows the position of No. 525 on WATFORD ROAD.