4, LILAC WAY, HARPENDEN, AL5 1SQ - £655,000

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

4 LILAC WAY is a very small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £655,000 in June 2021, which was around 35% below the average June 2021 detached price in the St Albans local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

4 LILAC WAY Sold Prices

Land registry data shows two sales for 4 LILAC WAY 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 4 LILAC WAY 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
2021 24 JUN	£655,000	£1,011,648	35% below HPI
2001 27 JUN	£237,500	£363,569	35% below HPI

4 LILAC WAY 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 4 LILAC WAY sales from June 2001 and June 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 June 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, which was also at 35% below the HPI.

How Large is 4 LILAC WAY?

4 LILAC WAY is 91m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses by size in Harpenden, and where 4 LILAC WAY lies on this distribution: 5% of detached houses are smaller than 4 LILAC WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

4 LILAC WAY: Plot and Title Map

4 LILAC WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 4 LILAC WAY, 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 4 LILAC WAY). 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 4 LILAC WAY?

4 LILAC WAY is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 4 on LILAC WAY.