28, COTTONMILL LANE, ST ALBANS, AL1 2BB - £1,300,000

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

28 COTTONMILL LANE is a large extended detached house of 188m², built sometime between 1930 and 1949. It was last sold for £1,300,000 in June 2022, which was around 18% above the average June 2022 detached price in the St Albans local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

28 COTTONMILL LANE Sold Prices

Land registry data shows two sales for 28 COTTONMILL 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 28 COTTONMILL 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
2022 10 JUN	£1,300,000	£1,101,378	18% above HPI
2017 24 FEB	£910,000	£985,728	8% below HPI

28 COTTONMILL 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 28 COTTONMILL LANE sales from February 2017 and June 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 February 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 28 COTTONMILL LANE?

28 COTTONMILL LANE is 188m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 28 COTTONMILL LANE lies on this distribution: 78% of detached houses are smaller than 28 COTTONMILL LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in St Albans.

28 COTTONMILL LANE: Plot and Title Map

28 COTTONMILL LANE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 28 COTTONMILL 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 28 COTTONMILL 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 28 COTTONMILL LANE?

28 COTTONMILL LANE is located in ST ALBANS, in the AL1 postcode district. The below map shows the position of No. 28 on COTTONMILL LANE.