1, WHEATLOCK MEAD, REDBOURN, ST ALBANS, AL3 7HS - £587,500

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.

1 WHEATLOCK MEAD is a small extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £740,153. It was last sold for £587,500 in October 2015, which was around 38% below the average October 2015 detached price in the St Albans local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

1 WHEATLOCK MEAD Sold Prices

Land registry data shows two sales for 1 WHEATLOCK MEAD 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 1 WHEATLOCK MEAD 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
2015 27 OCT	£587,500	£953,887	38% below HPI
2005 13 JUN	£395,000	£514,172	23% below HPI

1 WHEATLOCK MEAD 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 1 WHEATLOCK MEAD sales from June 2005 and October 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 June 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 1 WHEATLOCK MEAD be worth now?

1 WHEATLOCK MEAD might now be worth an estimated £740,153.

This is based on house price inflation of 26%, between October 2015 and October 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 26% inflationary increase is applied to the most recent sale price for 1 WHEATLOCK MEAD of £587,500 on 27th October 2015. For the value to have increased from £587,500 to £740,153 over the ten years to October 2025, the following assumptions must hold true:

• The value of 1 WHEATLOCK MEAD has moved in line with the HPI for detached houses in the St Albans local authority area.
• The October 2015 sale price of £587,500 represented a fair market value for the property.
• The size, condition, and specification of 1 WHEATLOCK MEAD has not materially changed since October 2015.

How Large is 1 WHEATLOCK MEAD?

1 WHEATLOCK MEAD is 114m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses houses in Redbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redbourn, and where 1 WHEATLOCK MEAD lies on this distribution: 29% of detached houses houses are smaller than 1 WHEATLOCK MEAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Redbourn.

1 WHEATLOCK MEAD: Plot and Title Map

1 WHEATLOCK MEAD sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 1 WHEATLOCK MEAD, 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 1 WHEATLOCK MEAD). 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 1 WHEATLOCK MEAD?

1 WHEATLOCK MEAD is located in REDBOURN, in the AL3 postcode district. The below map shows the position of No. 1 on WHEATLOCK MEAD.