7, PALMERSTON DRIVE, WHEATHAMPSTEAD, ST ALBANS, AL4 8FE - £410,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 PALMERSTON DRIVE is a small detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £914,987. It was last sold for £410,000 in March 2009, which was around 26% below the average March 2009 detached price in the St Albans local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

7 PALMERSTON DRIVE Sold Prices

Land registry data shows three sales for 7 PALMERSTON 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. All of the three 7 PALMERSTON DRIVE 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
2009 16 MAR	£410,000	£557,666	26% below HPI
2003 4 AUG	£399,950	£496,069	19% below HPI
2002 1 FEB	£360,000	£421,557	15% below HPI

7 PALMERSTON 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 7 PALMERSTON DRIVE sales between February 2002 and March 2009 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2009 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 7 PALMERSTON DRIVE be worth now?

7 PALMERSTON DRIVE might now be worth an estimated £914,987.

This is based on house price inflation of 123.2%, between March 2009 and December 2024, 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 123.2% inflationary increase is applied to the most recent sale price for 7 PALMERSTON DRIVE of £410,000 on 16th March 2009. For the value to have increased from £410,000 to £914,987 over the fourteen years and three months to December 2024, the following assumptions must hold true:

• The value of 7 PALMERSTON DRIVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The March 2009 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PALMERSTON DRIVE has not materially changed since March 2009.

How Large is 7 PALMERSTON DRIVE?

7 PALMERSTON DRIVE is 125m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of detached houses houses in Wheathampstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wheathampstead, and where 7 PALMERSTON DRIVE lies on this distribution: 37% of detached houses houses are smaller than 7 PALMERSTON DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Wheathampstead.

7 PALMERSTON DRIVE: Plot and Title Map

7 PALMERSTON DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 7 PALMERSTON 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 7 PALMERSTON 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 7 PALMERSTON DRIVE?

7 PALMERSTON DRIVE is located in WHEATHAMPSTEAD, in the AL4 postcode district. The below map shows the position of No. 7 on PALMERSTON DRIVE.