16, THE LEYS, ST ALBANS, AL4 9HD - £777,500

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 THE LEYS is a small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £777,500 in March 2024, which was around 30% below the average March 2024 detached price in the St Albans local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

16 THE LEYS Sold Prices

Land registry data shows three sales for 16 THE LEYS 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 16 THE LEYS 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
2024 11 MAR	£777,500	£1,112,248	30% below HPI
2004 4 MAR	£298,000	£477,540	38% below HPI
1996 25 JUL	£127,500	£179,259	29% below HPI

16 THE LEYS 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 16 THE LEYS sales between July 1996 and March 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 March 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 THE LEYS?

16 THE LEYS is 109m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% 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 THE LEYS lies on this distribution: 24% of detached houses are smaller than 16 THE LEYS, and 75% of houses are larger. Note that EPC data is not available for all properties in St Albans.

16 THE LEYS: Plot and Title Map

16 THE LEYS sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 16 THE LEYS, 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 THE LEYS). 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 THE LEYS?

16 THE LEYS is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 16 on THE LEYS.