3, FOLLY AVENUE, ST ALBANS, AL3 5QE - £616,500

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.

3 FOLLY AVENUE is a very small extended semi-detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £707,559. It was last sold for £616,500 in June 2021, which was around 6% below the average June 2021 semi-detached price in the St Albans local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

3 FOLLY AVENUE Sold Prices

Land registry data shows five sales for 3 FOLLY AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the St Albans local authority area for the corresponding sale date. All of the five 3 FOLLY AVENUE 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 28 JUN	£616,500	£656,569	6% below HPI
2006 9 MAR	£250,000	£331,258	25% below HPI
2001 31 OCT	£164,000	£229,892	29% below HPI
1999 14 MAY	£127,500	£160,915	21% below HPI
1998 1 OCT	£112,500	£153,223	27% below HPI

3 FOLLY AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the St Albans local authority area over time, sourced from the HPI. The five 3 FOLLY AVENUE sales between October 1998 and June 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 FOLLY AVENUE be worth now?

3 FOLLY AVENUE might now be worth an estimated £707,559.

This is based on house price inflation of 14.8%, between June 2021 and February 2025, for semi-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 14.8% inflationary increase is applied to the most recent sale price for 3 FOLLY AVENUE of £616,500 on 28th June 2021. For the value to have increased from £616,500 to £707,559 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 3 FOLLY AVENUE has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The June 2021 sale price of £616,500 represented a fair market value for the property.
• The size, condition, and specification of 3 FOLLY AVENUE has not materially changed since June 2021.

How Large is 3 FOLLY AVENUE?

3 FOLLY AVENUE is 71m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of semi-detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in St Albans, and where 3 FOLLY AVENUE lies on this distribution: 1% of semi-detached houses houses are smaller than 3 FOLLY AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in St Albans.

3 FOLLY AVENUE: Plot and Title Map

3 FOLLY AVENUE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 3 FOLLY AVENUE, 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 3 FOLLY AVENUE). 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 3 FOLLY AVENUE?

3 FOLLY AVENUE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 3 on FOLLY AVENUE.