45, COLNEY HEATH LANE, ST ALBANS, AL4 0TJ - £579,500

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

45 COLNEY HEATH LANE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £579,500 in January 2024, which was around 47% below the average January 2024 detached price in the St Albans local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

45 COLNEY HEATH LANE Sold Prices

Land registry data shows two sales for 45 COLNEY HEATH LANE 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 45 COLNEY HEATH 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
2024 5 JAN	£579,500	£1,100,680	47% below HPI
2023 21 APR	£430,000	£1,104,309	61% below HPI

45 COLNEY HEATH LANE 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 45 COLNEY HEATH LANE sales from April 2023 and January 2024 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 April 2023 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the January 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 45 COLNEY HEATH LANE?

45 COLNEY HEATH LANE is 80m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses by size in St Albans, and where 45 COLNEY HEATH LANE lies on this distribution: 4% of detached houses are smaller than 45 COLNEY HEATH LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in St Albans.

45 COLNEY HEATH LANE: Plot and Title Map

45 COLNEY HEATH LANE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 45 COLNEY HEATH 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 45 COLNEY HEATH 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 45 COLNEY HEATH LANE?

45 COLNEY HEATH LANE is located in ST ALBANS, in the AL4 postcode district. The below map shows the position of No. 45 on COLNEY HEATH LANE.