539, WATFORD ROAD, ST ALBANS, AL2 3DU - £450,000

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

539 WATFORD ROAD is a very small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £450,000 in May 2021, which was around 55% below the average May 2021 detached price in the St Albans local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

539 WATFORD ROAD Sold Prices

Land registry data shows two sales for 539 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 539 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
2021 14 MAY	£450,000	£998,370	55% below HPI
1997 3 OCT	£120,000	£230,363	48% below HPI

539 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 539 WATFORD ROAD sales from October 1997 and May 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 October 1997 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2021 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 539 WATFORD ROAD?

539 WATFORD ROAD is 91m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% 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 539 WATFORD ROAD lies on this distribution: 12% of detached houses are smaller than 539 WATFORD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Chiswell Green.

539 WATFORD ROAD: Plot and Title Map

539 WATFORD ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 539 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 539 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 539 WATFORD ROAD?

539 WATFORD ROAD is located in ST. ALBANS, in the AL2 postcode district. The below map shows the position of No. 539 on WATFORD ROAD.