THE CHALET, WILDWOOD AVENUE, BRICKET WOOD, ST ALBANS, AL2 3XG - £570,000

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

THE CHALET is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £570,000 in September 2021, which was around 47% below the average September 2021 detached price in the St Albans local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

THE CHALET Sold Prices

Land registry data shows three sales for THE CHALET 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 THE CHALET 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 30 SEP	£570,000	£1,073,812	47% below HPI
1997 9 OCT	£136,000	£230,363	41% below HPI
1996 14 AUG	£109,000	£181,617	40% below HPI

THE CHALET 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 THE CHALET sales between August 1996 and September 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is THE CHALET?

THE CHALET is 80m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Bricket Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Bricket Wood, and where THE CHALET lies on this distribution: 9% of detached houses are smaller than THE CHALET, and 90% of houses are larger. Note that EPC data is not available for all properties in Bricket Wood.

THE CHALET: Plot and Title Map

THE CHALET sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of THE CHALET, 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 THE CHALET). 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 THE CHALET?

THE CHALET is located on WILDWOOD AVENUE in BRICKET WOOD, in the AL2 postcode district. The below map shows the position of THE CHALET on WILDWOOD AVENUE.