45, PROSPECT LANE, HARPENDEN, AL5 2PL - £2,900,000

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

45 PROSPECT LANE is a very large detached house of 554m². It was last sold for £2,900,000 in April 2019, which was around 208% above the average April 2019 detached price in the St Albans local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was B.

45 PROSPECT LANE Sold Prices

Land registry data shows three sales for 45 PROSPECT 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 St Albans local authority area for the corresponding sale date. All of the three 45 PROSPECT LANE sales were for above 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
2019 25 APR	£2,900,000	£942,459	208% above HPI
2015 18 DEC	£1,300,000	£888,442	46% above HPI
2005 31 JAN	£785,000	£495,625	58% above HPI

45 PROSPECT 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 three 45 PROSPECT LANE sales between January 2005 and April 2019 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 December 2015 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the April 2019 sale, where it rises to 208% above the HPI. The line then continues to track at 208% above the HPI.

How Large is 45 PROSPECT LANE?

45 PROSPECT LANE is 554m² according to the EPC inspection conducted in May 2018. This puts it in the largest 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 45 PROSPECT LANE lies on this distribution: 98% of detached houses are smaller than 45 PROSPECT LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

45 PROSPECT LANE: Plot and Title Map

45 PROSPECT LANE sits on a plot of roughly 0.351 of an acre, or 1,421m². The below map shows the location of 45 PROSPECT 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 PROSPECT 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 PROSPECT LANE?

45 PROSPECT LANE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 45 on PROSPECT LANE.