2 FAIRVIEW, ROUND HOUSE FARM, ROESTOCK LANE, COLNEY HEATH, ST ALBANS, AL4 0FU - £825,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 FAIRVIEW ROUND HOUSE FARM is a large detached house of 164m². It was last sold for £825,000 in May 2022, which was around 25% below the average May 2022 detached price in the St Albans local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

2 FAIRVIEW ROUND HOUSE FARM Sold Prices

Land registry data shows two sales for 2 FAIRVIEW ROUND HOUSE FARM 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 2 FAIRVIEW ROUND HOUSE FARM 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
2022 30 MAY	£825,000	£1,099,823	25% below HPI
2019 23 JAN	£660,000	£943,606	30% below HPI

2 FAIRVIEW ROUND HOUSE FARM 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 2 FAIRVIEW ROUND HOUSE FARM sales from January 2019 and May 2022 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 January 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 FAIRVIEW ROUND HOUSE FARM?

2 FAIRVIEW ROUND HOUSE FARM is 164m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Colney Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Colney Heath, and where 2 FAIRVIEW ROUND HOUSE FARM lies on this distribution: 76% of detached houses are smaller than 2 FAIRVIEW ROUND HOUSE FARM, and 17% of houses are larger. Note that EPC data is not available for all properties in Colney Heath.

2 FAIRVIEW ROUND HOUSE FARM: Plot and Title Map

2 FAIRVIEW ROUND HOUSE FARM sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 2 FAIRVIEW ROUND HOUSE FARM, 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 2 FAIRVIEW ROUND HOUSE FARM). 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 2 FAIRVIEW ROUND HOUSE FARM?

2 FAIRVIEW ROUND HOUSE FARM is located on ROESTOCK LANE in COLNEY HEATH, in the AL4 postcode district. The below map shows the position of 2 FAIRVIEW ROUND HOUSE FARM on ROESTOCK LANE.