2, LIME TREE PLACE, ST ALBANS, AL1 3BD - £350,000

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.

2 LIME TREE PLACE is a very small detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £371,702. It was last sold for £350,000 in April 2024, which was around 70% below the average April 2024 detached price in the St Albans local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

2 LIME TREE PLACE Sold Prices

Land registry data shows three sales for 2 LIME TREE PLACE 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 2 LIME TREE PLACE 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
2024 29 APR	£350,000	£1,165,390	70% below HPI
2022 18 FEB	£300,000	£1,169,180	74% below HPI
1996 15 NOV	£67,000	£199,449	66% below HPI

2 LIME TREE PLACE 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 2 LIME TREE PLACE sales between November 1996 and April 2024 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 February 2022 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the April 2024 sale, where it rises to 70% below the HPI. The line then continues to track at 70% below the HPI.

What might 2 LIME TREE PLACE be worth now?

2 LIME TREE PLACE might now be worth an estimated £371,702.

This is based on house price inflation of 6.2%, between April 2024 and February 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 6.2% inflationary increase is applied to the most recent sale price for 2 LIME TREE PLACE of £350,000 on 29th April 2024. For the value to have increased from £350,000 to £371,702 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 2 LIME TREE PLACE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The April 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LIME TREE PLACE has not materially changed since April 2024.

How Large is 2 LIME TREE PLACE?

2 LIME TREE PLACE is 55m² according to the EPC inspection conducted in July 2019. 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 2 LIME TREE PLACE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 LIME TREE PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in St Albans.

2 LIME TREE PLACE: Plot and Title Map

2 LIME TREE PLACE sits on a plot of roughly 0.673 of an acre, or 2,723m². The below map shows the location of 2 LIME TREE PLACE, 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 2 LIME TREE PLACE). 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 2 LIME TREE PLACE?

2 LIME TREE PLACE is located in ST. ALBANS, in the AL1 postcode district. The below map shows the position of No. 2 on LIME TREE PLACE.