6, PARK LANE, COLNEY HEATH, ST ALBANS, AL4 0NR - £397,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

6 PARK LANE is a midsized extended semi-detached house of 124m², built sometime between 1967 and 1975. It was last sold for £397,000 in June 2013, which was around 43% below the average June 2013 detached price in the St Albans local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

6 PARK LANE Sold Prices

Land registry data shows two sales for 6 PARK 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 6 PARK 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
2013 14 JUN	£397,000	£690,770	43% below HPI
1996 16 SEP	£107,500	£184,517	42% below HPI

6 PARK 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 6 PARK LANE sales from September 1996 and June 2013 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 September 1996 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2013 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 6 PARK LANE?

6 PARK LANE is 124m², which includes four extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of detached houses in Colney Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Colney Heath, and where 6 PARK LANE lies on this distribution: 43% of detached houses are smaller than 6 PARK LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Colney Heath.

6 PARK LANE: Plot and Title Map

6 PARK LANE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 6 PARK 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 6 PARK 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 6 PARK LANE?

6 PARK LANE is located in COLNEY HEATH, in the AL4 postcode district. The below map shows the position of No. 6 on PARK LANE.