48, GREEN LANE, ST ALBANS, AL3 6EY - £835,000

48 GREEN LANE is a small extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £835,000 in February 2022, which was around 26% below the average February 2022 detached price in the St Albans local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

48 GREEN LANE Sold Prices

Land registry data shows three sales for 48 GREEN LANE 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 48 GREEN 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
2022 17 FEB	£835,000	£1,135,109	26% below HPI
2012 17 AUG	£470,000	£675,469	30% below HPI
2003 4 APR	£280,000	£468,663	40% below HPI

48 GREEN 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 three 48 GREEN LANE sales between April 2003 and February 2022 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 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 48 GREEN LANE?

48 GREEN LANE is 122m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% 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 48 GREEN LANE lies on this distribution: 37% of detached houses are smaller than 48 GREEN LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in St Albans.

48 GREEN LANE: Plot and Title Map

48 GREEN LANE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 48 GREEN 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 48 GREEN 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 48 GREEN LANE?

48 GREEN LANE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 48 on GREEN LANE.