47, JEROME DRIVE, ST ALBANS, AL3 4LT - £853,896

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.

47 JEROME DRIVE is a midsized extended detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £975,861. It was last sold for £853,896 in December 2020, which was around 20% below the average December 2020 detached price in the St Albans local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

47 JEROME DRIVE Sold Prices

Land registry data shows two sales for 47 JEROME DRIVE 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 47 JEROME 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
2020 17 DEC	£853,896	£1,070,970	20% below HPI
2014 17 SEP	£625,000	£838,509	25% below HPI

47 JEROME 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 two 47 JEROME DRIVE sales from September 2014 and December 2020 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 September 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 47 JEROME DRIVE be worth now?

47 JEROME DRIVE might now be worth an estimated £975,861.

This is based on house price inflation of 14.3%, between December 2020 and May 2026, 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 14.3% inflationary increase is applied to the most recent sale price for 47 JEROME DRIVE of £853,896 on 17th December 2020. For the value to have increased from £853,896 to £975,861 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 47 JEROME DRIVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The December 2020 sale price of £853,896 represented a fair market value for the property.
• The size, condition, and specification of 47 JEROME DRIVE has not materially changed since December 2020.

How Large is 47 JEROME DRIVE?

47 JEROME DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses houses by size in St Albans, and where 47 JEROME DRIVE lies on this distribution: 42% of detached houses houses are smaller than 47 JEROME DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in St Albans.

47 JEROME DRIVE: Plot and Title Map

47 JEROME DRIVE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 47 JEROME 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 47 JEROME 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 47 JEROME DRIVE?

47 JEROME DRIVE is located in ST ALBANS, in the AL3 postcode district. The below map shows the position of No. 47 on JEROME DRIVE.