10, THE HILL, WHEATHAMPSTEAD, ST ALBANS, AL4 8PP - £460,000

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.

10 THE HILL is a very small extended detached house of 83m², built sometime before 1900, which could now be worth an estimated £494,808. It was last sold for £460,000 in December 2021, which was around 60% below the average December 2021 detached price in the St Albans local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

10 THE HILL Sold Prices

Land registry data shows six sales for 10 THE HILL since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the six 10 THE HILL 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 22 DEC	£460,000	£1,137,840	60% below HPI
2020 18 SEP	£410,000	£1,079,940	62% below HPI
2012 12 OCT	£275,000	£724,998	62% below HPI
2009 30 JAN	£245,000	£581,588	58% below HPI
2001 8 AUG	£225,000	£401,136	44% below HPI
1999 23 DEC	£159,950	£323,282	51% below HPI

10 THE HILL 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 six 10 THE HILL sales between December 1999 and December 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 September 2020 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the December 2021 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 10 THE HILL be worth now?

10 THE HILL might now be worth an estimated £494,808.

This is based on house price inflation of 7.6%, between December 2021 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 7.6% inflationary increase is applied to the most recent sale price for 10 THE HILL of £460,000 on 22nd December 2021. For the value to have increased from £460,000 to £494,808 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 10 THE HILL has moved in line with the HPI for detached houses in the St Albans local authority area.
• The December 2021 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE HILL has not materially changed since December 2021.

How Large is 10 THE HILL?

10 THE HILL is 83m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Wheathampstead, based on EPC data. The below chart shows the distribution of detached houses by size in Wheathampstead, and where 10 THE HILL lies on this distribution: 4% of detached houses are smaller than 10 THE HILL, and 96% of detached houses are larger. Note that EPC data is not available for all properties in Wheathampstead.

Where is 10 THE HILL?

10 THE HILL is located in WHEATHAMPSTEAD, in the AL4 postcode district.