16, MILE HOUSE LANE, ST ALBANS, AL1 1TB - £1,150,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 MILE HOUSE LANE is a very large semi-detached house of 214m². It was last sold for £1,150,000 in July 2021, which was around 11% above the average July 2021 detached price in the St Albans local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was B.

16 MILE HOUSE LANE Sold Prices

Land registry data shows two sales for 16 MILE HOUSE LANE 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. One of the two 16 MILE HOUSE LANE sales was for above the average price, whilst the other was 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
2021 30 JUL	£1,150,000	£1,036,207	11% above HPI
2017 28 SEP	£850,000	£993,195	14% below HPI

16 MILE HOUSE 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 two 16 MILE HOUSE LANE sales from September 2017 and July 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 September 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 16 MILE HOUSE LANE?

16 MILE HOUSE LANE is 214m² according to the EPC inspection conducted in April 2019. This puts it in the largest 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 16 MILE HOUSE LANE lies on this distribution: 86% of detached houses are smaller than 16 MILE HOUSE LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in St Albans.

16 MILE HOUSE LANE: Plot and Title Map

16 MILE HOUSE LANE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 16 MILE HOUSE 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 16 MILE HOUSE 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 16 MILE HOUSE LANE?

16 MILE HOUSE LANE is located in ST ALBANS, in the AL1 postcode district. The below map shows the position of No. 16 on MILE HOUSE LANE.