9, MEDLOWS, HARPENDEN, AL5 3AY - £1,540,000

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 MEDLOWS is a very large extended detached house of 271m², built sometime between 1976 and 1982, which could now be worth an estimated £2,097,745. It was last sold for £1,540,000 in June 2015, which was around 75% above the average June 2015 detached price in the St Albans local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

9 MEDLOWS Sold Prices

Land registry data shows two sales for 9 MEDLOWS 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 9 MEDLOWS sales were for above 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
2015 26 JUN	£1,540,000	£881,137	75% above HPI
2006 11 AUG	£995,000	£577,890	72% above HPI

9 MEDLOWS 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 9 MEDLOWS sales from August 2006 and June 2015 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 2006 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the June 2015 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 9 MEDLOWS be worth now?

9 MEDLOWS might now be worth an estimated £2,097,745.

This is based on house price inflation of 36.2%, between June 2015 and March 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 36.2% inflationary increase is applied to the most recent sale price for 9 MEDLOWS of £1,540,000 on 26th June 2015. For the value to have increased from £1,540,000 to £2,097,745 over the ten years and three months to March 2025, the following assumptions must hold true:

• The value of 9 MEDLOWS has moved in line with the HPI for detached houses in the St Albans local authority area.
• The June 2015 sale price of £1,540,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MEDLOWS has not materially changed since June 2015.

How Large is 9 MEDLOWS?

9 MEDLOWS is 271m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 20% of detached houses houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harpenden, and where 9 MEDLOWS lies on this distribution: 85% of detached houses houses are smaller than 9 MEDLOWS, and 15% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

9 MEDLOWS: Plot and Title Map

9 MEDLOWS sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 9 MEDLOWS, 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 MEDLOWS). 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 MEDLOWS?

9 MEDLOWS is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 9 on MEDLOWS.