46, SANDPIT LANE, ST ALBANS, AL1 4EZ - £740,000

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

46 SANDPIT LANE is a small extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £740,000 in May 2021, which was around 26% below the average May 2021 detached price in the St Albans local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was C.

46 SANDPIT LANE Sold Prices

Land registry data shows two sales for 46 SANDPIT 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 46 SANDPIT 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
2021 26 MAY	£740,000	£998,370	26% below HPI
2018 7 FEB	£647,000	£1,008,981	36% below HPI

46 SANDPIT 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 46 SANDPIT LANE sales from February 2018 and May 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 February 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 46 SANDPIT LANE?

46 SANDPIT LANE is 114m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% 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 46 SANDPIT LANE lies on this distribution: 29% of detached houses are smaller than 46 SANDPIT LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in St Albans.

46 SANDPIT LANE: Plot and Title Map

46 SANDPIT LANE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 46 SANDPIT 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 46 SANDPIT 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 46 SANDPIT LANE?

46 SANDPIT LANE is located in ST ALBANS, in the AL1 postcode district. The below map shows the position of No. 46 on SANDPIT LANE.