3, LOVETT ROAD, LONDON COLNEY, ST ALBANS, AL2 1UE - £1,000,000

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 LOVETT ROAD is a very large extended detached house of 245m², built sometime between 2003 and 2006. It was last sold for £1,000,000 in March 2021, which was around 1% above the average March 2021 detached price in the St Albans local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

3 LOVETT ROAD Sold Prices

Land registry data shows two sales for 3 LOVETT ROAD 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 LOVETT ROAD 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
2021 5 MAR	£1,000,000	£988,085	1% above HPI
2003 12 DEC	£570,000	£456,886	25% above HPI

3 LOVETT ROAD 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 LOVETT ROAD sales from December 2003 and March 2021 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 December 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 LOVETT ROAD?

3 LOVETT ROAD is 245m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in London Colney, based on EPC data. The below chart shows the distribution of detached houses by size in London Colney, and where 3 LOVETT ROAD lies on this distribution: 97% of detached houses are smaller than 3 LOVETT ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in London Colney.

3 LOVETT ROAD: Plot and Title Map

3 LOVETT ROAD sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 3 LOVETT ROAD, 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 LOVETT ROAD). 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 LOVETT ROAD?

3 LOVETT ROAD is located in LONDON COLNEY, in the AL2 postcode district. The below map shows the position of No. 3 on LOVETT ROAD.