5A, FOLLY LANE, ST ALBANS, AL3 5JU - £610,000

5A FOLLY LANE is a very small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £610,000 in September 2020, which was around 40% below the average September 2020 detached price in the St Albans local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

5A FOLLY LANE Sold Prices

Land registry data shows three sales for 5A FOLLY 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 5A 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
2020 18 SEP	£610,000	£1,014,300	40% below HPI
2015 20 NOV	£562,500	£899,298	37% below HPI
2001 25 OCT	£249,950	£383,796	35% below HPI

5A 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 three 5A FOLLY LANE sales between October 2001 and September 2020 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 November 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 5A FOLLY LANE?

5A FOLLY LANE is 92m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 5A FOLLY LANE lies on this distribution: 11% of detached houses are smaller than 5A FOLLY LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in St Albans.

5A FOLLY LANE: Plot and Title Map

5A FOLLY LANE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 5A 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 5A 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 5A FOLLY LANE?

5A FOLLY LANE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 5A on FOLLY LANE.