3, THE DRIVE, HARPENDEN, AL5 2EL - £1,600,000

3 THE DRIVE is a midsized detached house of 171m², built sometime between 1967 and 1975. It was last sold for £1,600,000 in September 2019, which was around 66% above the average September 2019 detached price in the St Albans local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

3 THE DRIVE Sold Prices

Land registry data shows three sales for 3 THE 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 3 THE DRIVE 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
2019 20 SEP	£1,600,000	£966,133	66% above HPI
2017 16 AUG	£1,324,500	£971,842	36% above HPI
1999 6 SEP	£455,000	£293,148	55% above HPI

3 THE 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 3 THE DRIVE sales between September 1999 and September 2019 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 2017 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2019 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 3 THE DRIVE?

3 THE DRIVE is 171m² according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses by size in Harpenden, and where 3 THE DRIVE lies on this distribution: 53% of detached houses are smaller than 3 THE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

3 THE DRIVE: Plot and Title Map

3 THE DRIVE sits on a plot of roughly 0.278 of an acre, or 1,124m². The below map shows the location of 3 THE 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 3 THE 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 3 THE DRIVE?

3 THE DRIVE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 3 on THE DRIVE.