48, LEA ROAD, HARPENDEN, AL5 4PG - £925,000

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.

48 LEA ROAD is a very small extended terraced house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £983,564. It was last sold for £925,000 in July 2024, which was around 73% above the average July 2024 terraced price in the St Albans local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

48 LEA ROAD Sold Prices

Land registry data shows three sales for 48 LEA ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the St Albans local authority area for the corresponding sale date. All of the three 48 LEA ROAD sales were for above 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
2024 31 JUL	£925,000	£535,169	73% above HPI
2021 19 FEB	£885,000	£491,577	80% above HPI
2016 24 MAR	£600,000	£450,166	33% above HPI

48 LEA ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the St Albans local authority area over time, sourced from the HPI. The three 48 LEA ROAD sales between March 2016 and July 2024 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 February 2021 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the July 2024 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 48 LEA ROAD be worth now?

48 LEA ROAD might now be worth an estimated £983,564.

This is based on house price inflation of 6.3%, between July 2024 and May 2026, for terraced 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 6.3% inflationary increase is applied to the most recent sale price for 48 LEA ROAD of £925,000 on 31st July 2024. For the value to have increased from £925,000 to £983,564 over the two years and two months to May 2026, the following assumptions must hold true:

• The value of 48 LEA ROAD has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The July 2024 sale price of £925,000 represented a fair market value for the property.
• The size, condition, and specification of 48 LEA ROAD has not materially changed since July 2024.

How Large is 48 LEA ROAD?

48 LEA ROAD is 96m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of terraced houses houses in Harpenden, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Harpenden, and where 48 LEA ROAD lies on this distribution: 6% of terraced houses houses are smaller than 48 LEA ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

48 LEA ROAD: Plot and Title Map

48 LEA ROAD sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 48 LEA 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 48 LEA 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 48 LEA ROAD?

48 LEA ROAD is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 48 on LEA ROAD.