1, LITTLE HEATH SPINNEY, HEATH FARM LANE, ST ALBANS, AL3 5AE - £1,270,000

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 LITTLE HEATH SPINNEY is a large detached house of 183m², built sometime between 1983 and 1990, which could now be worth an estimated £1,486,393. It was last sold for £1,270,000 in September 2017, which was around 20% above the average September 2017 detached price in the St Albans local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

1 LITTLE HEATH SPINNEY Sold Prices

Land registry data shows two sales for 1 LITTLE HEATH SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Both of the two 1 LITTLE HEATH SPINNEY 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
2017 22 SEP	£1,270,000	£1,057,470	20% above HPI
1998 1 DEC	£390,000	£268,349	45% above HPI

1 LITTLE HEATH SPINNEY 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 two 1 LITTLE HEATH SPINNEY sales from December 1998 and September 2017 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 December 1998 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the September 2017 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 1 LITTLE HEATH SPINNEY be worth now?

1 LITTLE HEATH SPINNEY might now be worth an estimated £1,486,393.

This is based on house price inflation of 17%, between September 2017 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 17% inflationary increase is applied to the most recent sale price for 1 LITTLE HEATH SPINNEY of £1,270,000 on 22nd September 2017. For the value to have increased from £1,270,000 to £1,486,393 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 LITTLE HEATH SPINNEY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The September 2017 sale price of £1,270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LITTLE HEATH SPINNEY has not materially changed since September 2017.

How Large is 1 LITTLE HEATH SPINNEY?

1 LITTLE HEATH SPINNEY is 183m² according to the EPC inspection conducted in April 2017. 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 LITTLE HEATH SPINNEY lies on this distribution: 75% of detached houses houses are smaller than 1 LITTLE HEATH SPINNEY, and 24% of houses are larger. Note that EPC data is not available for all properties in St Albans.

1 LITTLE HEATH SPINNEY: Plot and Title Map

1 LITTLE HEATH SPINNEY sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 1 LITTLE HEATH SPINNEY, 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 LITTLE HEATH SPINNEY). 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 LITTLE HEATH SPINNEY?

1 LITTLE HEATH SPINNEY is located on HEATH FARM LANE in ST. ALBANS, in the AL3 postcode district. The below map shows the position of 1 LITTLE HEATH SPINNEY on HEATH FARM LANE.