3, ROSEMARY DRIVE, LONDON COLNEY, ST ALBANS, AL2 1UD - £935,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ROSEMARY DRIVE is a large extended detached house of 141m², built sometime between 2003 and 2006, which could now be worth an estimated £948,620. It was last sold for £935,000 in September 2022, which was around 23% below the average September 2022 detached price in the St Albans local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

3 ROSEMARY DRIVE Sold Prices

Land registry data shows three sales for 3 ROSEMARY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the three 3 ROSEMARY DRIVE 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 29 SEP	£935,000	£1,219,880	23% below HPI
2011 24 JUN	£590,000	£683,557	14% below HPI
2004 7 DEC	£449,450	£526,758	15% below HPI

3 ROSEMARY DRIVE 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 three 3 ROSEMARY DRIVE sales between December 2004 and September 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 June 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 ROSEMARY DRIVE be worth now?

3 ROSEMARY DRIVE might now be worth an estimated £948,620.

This is based on house price inflation of 1.5%, between September 2022 and February 2025, for detached houses, in the St Albans local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for 3 ROSEMARY DRIVE of £935,000 on 29th September 2022. For the value to have increased from £935,000 to £948,620 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 ROSEMARY DRIVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The September 2022 sale price of £935,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROSEMARY DRIVE has not materially changed since September 2022.

How Large is 3 ROSEMARY DRIVE?

3 ROSEMARY DRIVE is 141m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses houses in London Colney, based on EPC data. The below chart shows the distribution of detached houses houses by size in London Colney, and where 3 ROSEMARY DRIVE lies on this distribution: 66% of detached houses houses are smaller than 3 ROSEMARY DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in London Colney.

3 ROSEMARY DRIVE: Plot and Title Map

3 ROSEMARY DRIVE sits on a plot of roughly 0.937 of an acre, or 3,793m². The below map shows the location of 3 ROSEMARY DRIVE, 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 ROSEMARY DRIVE). 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 ROSEMARY DRIVE?

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