2, MILE HOUSE LANE, ST ALBANS, AL1 1TB - £965,000

2 MILE HOUSE LANE is a midsized extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £965,000 in March 2021, which was around 7% below the average March 2021 detached price in the St Albans local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

2 MILE HOUSE LANE Sold Prices

Land registry data shows five sales for 2 MILE HOUSE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the five 2 MILE HOUSE 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
2021 29 MAR	£965,000	£1,034,545	7% below HPI
2015 26 MAR	£610,000	£830,278	27% below HPI
2007 17 SEP	£565,000	£618,149	9% below HPI
2003 12 JUN	£350,000	£463,104	24% below HPI
1999 10 DEC	£240,000	£303,632	21% below HPI

2 MILE HOUSE 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 five 2 MILE HOUSE LANE sales between December 1999 and March 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 March 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 MILE HOUSE LANE?

2 MILE HOUSE LANE is 144m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 50% 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 2 MILE HOUSE LANE lies on this distribution: 55% of detached houses are smaller than 2 MILE HOUSE LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in St Albans.

2 MILE HOUSE LANE: Plot and Title Map

2 MILE HOUSE LANE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 2 MILE HOUSE 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 2 MILE HOUSE 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 2 MILE HOUSE LANE?

2 MILE HOUSE LANE is located in ST. ALBANS, in the AL1 postcode district. The below map shows the position of No. 2 on MILE HOUSE LANE.