2, MILLFIELD CLOSE, LONDON COLNEY, ST ALBANS, AL2 1GX - £575,000

2 MILLFIELD CLOSE is a very small detached house of 64m², built sometime between 2003 and 2006. It was last sold for £575,000 in October 2019, which was around 41% below the average October 2019 detached price in the St Albans local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

2 MILLFIELD CLOSE Sold Prices

Land registry data shows three sales for 2 MILLFIELD CLOSE 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 MILLFIELD CLOSE 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
2019 25 OCT	£575,000	£967,282	41% below HPI
2010 27 AUG	£346,000	£638,103	46% below HPI
2006 19 DEC	£337,000	£562,894	40% below HPI

2 MILLFIELD CLOSE 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 MILLFIELD CLOSE sales between December 2006 and October 2019 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 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2019 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 MILLFIELD CLOSE?

2 MILLFIELD CLOSE is 64m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in London Colney, based on EPC data. The below chart shows the distribution of detached houses by size in London Colney, and where 2 MILLFIELD CLOSE lies on this distribution: 1% of detached houses are smaller than 2 MILLFIELD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in London Colney.

2 MILLFIELD CLOSE: Plot and Title Map

2 MILLFIELD CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 2 MILLFIELD CLOSE, 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 MILLFIELD CLOSE). 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 MILLFIELD CLOSE?

2 MILLFIELD CLOSE is located in LONDON COLNEY, in the AL2 postcode district. The below map shows the position of No. 2 on MILLFIELD CLOSE.