9, CHESTNUT DRIVE, ST ALBANS, AL4 0ER - £355,000

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.

9 CHESTNUT DRIVE is a very small semi-detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £619,410. It was last sold for £355,000 in March 2013, which was around 18% below the average March 2013 semi-detached price in the St Albans local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was B.

9 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 9 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the St Albans local authority area for the corresponding sale date. Both of the two 9 CHESTNUT 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
2013 15 MAR	£355,000	£431,877	18% below HPI
2004 6 AUG	£250,000	£319,470	22% below HPI

9 CHESTNUT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the St Albans local authority area over time, sourced from the HPI. The two 9 CHESTNUT DRIVE sales from August 2004 and March 2013 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2013 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 9 CHESTNUT DRIVE be worth now?

9 CHESTNUT DRIVE might now be worth an estimated £619,410.

This is based on house price inflation of 74.5%, between March 2013 and February 2025, for semi-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 74.5% inflationary increase is applied to the most recent sale price for 9 CHESTNUT DRIVE of £355,000 on 15th March 2013. For the value to have increased from £355,000 to £619,410 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of 9 CHESTNUT DRIVE has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The March 2013 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHESTNUT DRIVE has not materially changed since March 2013.

How Large is 9 CHESTNUT DRIVE?

9 CHESTNUT DRIVE is 92m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 20% of semi-detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in St Albans, and where 9 CHESTNUT DRIVE lies on this distribution: 11% of semi-detached houses houses are smaller than 9 CHESTNUT DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in St Albans.

9 CHESTNUT DRIVE: Plot and Title Map

9 CHESTNUT DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 9 CHESTNUT 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 9 CHESTNUT 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 9 CHESTNUT DRIVE?

9 CHESTNUT DRIVE is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 9 on CHESTNUT DRIVE.