31A, BULLENS GREEN LANE, COLNEY HEATH, ST ALBANS, AL4 0QR - £395,000

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.

31A BULLENS GREEN LANE is a small extended detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £615,858. It was last sold for £395,000 in April 2014, which was around 34% below the average April 2014 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

31A BULLENS GREEN LANE Sold Prices

Land registry data shows three sales for 31A BULLENS GREEN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three 31A BULLENS GREEN 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
2014 17 APR	£395,000	£601,591	34% below HPI
2003 24 OCT	£319,950	£444,900	28% below HPI
1998 15 MAY	£164,000	£225,664	27% below HPI

31A BULLENS GREEN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The three 31A BULLENS GREEN LANE sales between May 1998 and April 2014 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 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 31A BULLENS GREEN LANE be worth now?

31A BULLENS GREEN LANE might now be worth an estimated £615,858.

This is based on house price inflation of 55.9%, between April 2014 and February 2025, for detached houses, in the Welwyn Hatfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.9% inflationary increase is applied to the most recent sale price for 31A BULLENS GREEN LANE of £395,000 on 17th April 2014. For the value to have increased from £395,000 to £615,858 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 31A BULLENS GREEN LANE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The April 2014 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 31A BULLENS GREEN LANE has not materially changed since April 2014.

How Large is 31A BULLENS GREEN LANE?

31A BULLENS GREEN LANE is 109m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses houses in Colney Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colney Heath, and where 31A BULLENS GREEN LANE lies on this distribution: 21% of detached houses houses are smaller than 31A BULLENS GREEN LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Colney Heath.

31A BULLENS GREEN LANE: Plot and Title Map

31A BULLENS GREEN LANE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 31A BULLENS GREEN 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 31A BULLENS GREEN 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 31A BULLENS GREEN LANE?

31A BULLENS GREEN LANE is located in COLNEY HEATH, in the AL4 postcode district. The below map shows the position of No. 31A on BULLENS GREEN LANE.