3, BLACKSMITHS LANE, ST ALBANS, AL3 4SQ - £1,650,000

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

3 BLACKSMITHS LANE is a small extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £1,650,000 in February 2023, which was around 46% above the average February 2023 detached price in the St Albans local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

3 BLACKSMITHS LANE Sold Prices

Land registry data shows two sales for 3 BLACKSMITHS 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 3 BLACKSMITHS LANE sales were for above 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
2023 6 FEB	£1,650,000	£1,132,913	46% above HPI
2007 16 JUL	£660,000	£607,511	9% above HPI

3 BLACKSMITHS 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 3 BLACKSMITHS LANE sales from July 2007 and February 2023 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 July 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2023 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 3 BLACKSMITHS LANE?

3 BLACKSMITHS LANE is 123m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% 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 3 BLACKSMITHS LANE lies on this distribution: 38% of detached houses are smaller than 3 BLACKSMITHS LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in St Albans.

3 BLACKSMITHS LANE: Plot and Title Map

3 BLACKSMITHS LANE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 3 BLACKSMITHS 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 3 BLACKSMITHS 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 3 BLACKSMITHS LANE?

3 BLACKSMITHS LANE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 3 on BLACKSMITHS LANE.