1B, FOLLY LANE, ST ALBANS, AL3 5JU - £700,000

1B FOLLY LANE is a small detached house of 109m², built sometime between 2003 and 2006. It was last sold for £700,000 in July 2016, which was around 27% below the average July 2016 detached price in the St Albans local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

1B FOLLY LANE Sold Prices

Land registry data shows three sales for 1B FOLLY LANE 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 1B FOLLY LANE 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
2016 1 JUL	£700,000	£954,724	27% below HPI
2013 27 AUG	£570,000	£699,497	19% below HPI
2004 17 AUG	£375,000	£495,449	24% below HPI

1B FOLLY LANE 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 1B FOLLY LANE sales between August 2004 and July 2016 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 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1B FOLLY LANE?

1B FOLLY LANE is 109m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% of detached houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses by size in St Albans, and where 1B FOLLY LANE lies on this distribution: 24% of detached houses are smaller than 1B FOLLY LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in St Albans.

1B FOLLY LANE: Plot and Title Map

1B FOLLY LANE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 1B FOLLY LANE, 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 1B FOLLY LANE). 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 1B FOLLY LANE?

1B FOLLY LANE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 1B on FOLLY LANE.