8, CRANBROOK DRIVE, ST ALBANS, AL4 0SU - £355,000

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.

8 CRANBROOK DRIVE is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £346,968. It was last sold for £355,000 in September 2022, which was around 71% below the average September 2022 detached price in the St Albans local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

8 CRANBROOK DRIVE Sold Prices

Land registry data shows two sales for 8 CRANBROOK 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 8 CRANBROOK 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
2022 23 SEP	£355,000	£1,219,880	71% below HPI
2012 10 AUG	£250,000	£719,183	65% below HPI

8 CRANBROOK 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 8 CRANBROOK DRIVE sales from August 2012 and September 2022 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 2012 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the September 2022 sale, where it falls to 71% below the HPI. The line then continues to track at 71% below the HPI.

What might 8 CRANBROOK DRIVE be worth now?

8 CRANBROOK DRIVE might now be worth an estimated £346,968.

This is based on house price deflation of 2.3%, between September 2022 and June 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 2.3% deflationary decrease is applied to the most recent sale price for 8 CRANBROOK DRIVE of £355,000 on 23rd September 2022. For the value to have decreased from £355,000 to £346,968 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 8 CRANBROOK DRIVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The September 2022 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CRANBROOK DRIVE has not materially changed since September 2022.

How Large is 8 CRANBROOK DRIVE?

8 CRANBROOK DRIVE is 70m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% 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 8 CRANBROOK DRIVE lies on this distribution: 1% of detached houses houses are smaller than 8 CRANBROOK DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in St Albans.

8 CRANBROOK DRIVE: Plot and Title Map

8 CRANBROOK DRIVE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 8 CRANBROOK 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 8 CRANBROOK 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 8 CRANBROOK DRIVE?

8 CRANBROOK DRIVE is located in ST ALBANS, in the AL4 postcode district. The below map shows the position of No. 8 on CRANBROOK DRIVE.