231, SANDPIT LANE, ST ALBANS, AL4 0BU - £750,000

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

231 SANDPIT LANE is a small extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £750,000 in July 2020, which was around 22% below the average July 2020 detached price in the St Albans local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

231 SANDPIT LANE Sold Prices

Land registry data shows two sales for 231 SANDPIT 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. Both of the two 231 SANDPIT LANE 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
2020 22 JUL	£750,000	£964,528	22% below HPI
2006 6 OCT	£402,500	£556,543	28% below HPI

231 SANDPIT 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 231 SANDPIT LANE sales from October 2006 and July 2020 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 October 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 231 SANDPIT LANE?

231 SANDPIT LANE is 108m², which includes three extensions, according to the EPC inspection conducted in July 2019. 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 231 SANDPIT LANE lies on this distribution: 24% of detached houses are smaller than 231 SANDPIT LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in St Albans.

231 SANDPIT LANE: Plot and Title Map

231 SANDPIT LANE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 231 SANDPIT 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 231 SANDPIT 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 231 SANDPIT LANE?

231 SANDPIT LANE is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 231 on SANDPIT LANE.