22, FOLLY LANE, ST ALBANS, AL3 5JT - £610,000

22 FOLLY LANE is a small extended detached house of 112m², built sometime between 1900 and 1929. It was last sold for £610,000 in June 2019, which was around 36% below the average June 2019 detached price in the St Albans local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

22 FOLLY LANE Sold Prices

Land registry data shows four sales for 22 FOLLY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the four 22 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
2019 28 JUN	£610,000	£947,656	36% below HPI
2014 13 JUN	£532,000	£752,788	29% below HPI
2006 23 OCT	£385,000	£556,543	31% below HPI
2003 19 DEC	£315,000	£456,886	31% below HPI

22 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 four 22 FOLLY LANE sales between December 2003 and June 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 June 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 22 FOLLY LANE?

22 FOLLY LANE is 112m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 22 FOLLY LANE lies on this distribution: 27% of detached houses are smaller than 22 FOLLY LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in St Albans.

22 FOLLY LANE: Plot and Title Map

22 FOLLY LANE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 22 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 22 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 22 FOLLY LANE?

22 FOLLY LANE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 22 on FOLLY LANE.