40, SILK MILL ROAD, REDBOURN, ST ALBANS, AL3 7GE - £750,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 SILK MILL ROAD is a midsized extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £750,000 in September 2017, which was around 24% below the average September 2017 detached price in the St Albans local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

40 SILK MILL ROAD Sold Prices

Land registry data shows two sales for 40 SILK MILL 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 40 SILK MILL ROAD 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
2017 12 SEP	£750,000	£993,195	24% below HPI
2001 8 JUN	£359,950	£363,569	1% below HPI

40 SILK MILL 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 40 SILK MILL ROAD sales from June 2001 and September 2017 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 SILK MILL ROAD?

40 SILK MILL ROAD is 141m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses in Redbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Redbourn, and where 40 SILK MILL ROAD lies on this distribution: 59% of detached houses are smaller than 40 SILK MILL ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Redbourn.

40 SILK MILL ROAD: Plot and Title Map

40 SILK MILL ROAD sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 40 SILK MILL 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 40 SILK MILL 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 40 SILK MILL ROAD?

40 SILK MILL ROAD is located in REDBOURN, in the AL3 postcode district. The below map shows the position of No. 40 on SILK MILL ROAD.