3, SILK MILL ROAD, REDBOURN, ST ALBANS, AL3 7GE - £670,000

3 SILK MILL ROAD is a midsized detached house of 137m², built sometime between 1996 and 2002. It was last sold for £670,000 in August 2015, which was around 21% below the average August 2015 detached price in the St Albans local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was C.

3 SILK MILL ROAD Sold Prices

Land registry data shows four sales for 3 SILK MILL ROAD 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 3 SILK MILL ROAD 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
2015 26 AUG	£670,000	£850,313	21% below HPI
2007 11 JUL	£595,000	£607,511	2% below HPI
2002 15 MAR	£354,000	£399,675	11% below HPI
1999 15 OCT	£265,950	£293,767	9% below HPI

3 SILK MILL ROAD 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 3 SILK MILL ROAD sales between October 1999 and August 2015 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 July 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 SILK MILL ROAD?

3 SILK MILL ROAD is 137m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Redbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Redbourn, and where 3 SILK MILL ROAD lies on this distribution: 55% of detached houses are smaller than 3 SILK MILL ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Redbourn.

3 SILK MILL ROAD: Plot and Title Map

3 SILK MILL ROAD sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 3 SILK MILL ROAD, 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 SILK MILL ROAD). 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 SILK MILL ROAD?

3 SILK MILL ROAD is located in REDBOURN, in the AL3 postcode district. The below map shows the position of No. 3 on SILK MILL ROAD.