1, LAURELSFIELD, ST ALBANS, AL3 4BZ - £1,220,000

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.

1 LAURELSFIELD is a large extended detached house of 192m², built sometime between 1983 and 1990, which could now be worth an estimated £1,320,668. It was last sold for £1,220,000 in September 2021, which was around 7% above the average September 2021 detached price in the St Albans local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

1 LAURELSFIELD Sold Prices

Land registry data shows three sales for 1 LAURELSFIELD 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 1 LAURELSFIELD 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
2021 14 SEP	£1,220,000	£1,143,310	7% above HPI
2016 5 FEB	£1,125,000	£971,328	16% above HPI
2007 6 AUG	£814,000	£655,214	24% above HPI

1 LAURELSFIELD 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 1 LAURELSFIELD sales between August 2007 and September 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 February 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 LAURELSFIELD be worth now?

1 LAURELSFIELD might now be worth an estimated £1,320,668.

This is based on house price inflation of 8.3%, between September 2021 and February 2025, for 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 8.3% inflationary increase is applied to the most recent sale price for 1 LAURELSFIELD of £1,220,000 on 14th September 2021. For the value to have increased from £1,220,000 to £1,320,668 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 LAURELSFIELD has moved in line with the HPI for detached houses in the St Albans local authority area.
• The September 2021 sale price of £1,220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LAURELSFIELD has not materially changed since September 2021.

How Large is 1 LAURELSFIELD?

1 LAURELSFIELD is 192m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses houses by size in St Albans, and where 1 LAURELSFIELD lies on this distribution: 79% of detached houses houses are smaller than 1 LAURELSFIELD, and 21% of houses are larger. Note that EPC data is not available for all properties in St Albans.

1 LAURELSFIELD: Plot and Title Map

1 LAURELSFIELD sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 1 LAURELSFIELD, 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 1 LAURELSFIELD). 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 1 LAURELSFIELD?

1 LAURELSFIELD is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 1 on LAURELSFIELD.