LAKEVIEW COTTAGE, WATERSIDE, LONDON COLNEY, ST ALBANS, AL2 1RB - £655,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LAKEVIEW COTTAGE is a midsized detached house of 124m², built sometime from 2007 onwards, which could now be worth an estimated £803,446. It was last sold for £655,000 in June 2019, which was around 35% below the average June 2019 detached price in the St Albans local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

LAKEVIEW COTTAGE Sold Prices

Land registry data shows two sales for LAKEVIEW COTTAGE 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 LAKEVIEW COTTAGE 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
2019 14 JUN	£655,000	£1,008,980	35% below HPI
2012 9 OCT	£350,000	£724,998	52% below HPI

LAKEVIEW COTTAGE 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 LAKEVIEW COTTAGE sales from October 2012 and June 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 October 2012 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the June 2019 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might LAKEVIEW COTTAGE be worth now?

LAKEVIEW COTTAGE might now be worth an estimated £803,446.

This is based on house price inflation of 22.7%, between June 2019 and February 2025, for detached houses, in the St Albans local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for LAKEVIEW COTTAGE of £655,000 on 14th June 2019. For the value to have increased from £655,000 to £803,446 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of LAKEVIEW COTTAGE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The June 2019 sale price of £655,000 represented a fair market value for the property.
• The size, condition, and specification of LAKEVIEW COTTAGE has not materially changed since June 2019.

How Large is LAKEVIEW COTTAGE?

LAKEVIEW COTTAGE is 124m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses houses in London Colney, based on EPC data. The below chart shows the distribution of detached houses houses by size in London Colney, and where LAKEVIEW COTTAGE lies on this distribution: 49% of detached houses houses are smaller than LAKEVIEW COTTAGE, and 51% of houses are larger. Note that EPC data is not available for all properties in London Colney.

LAKEVIEW COTTAGE: Plot and Title Map

LAKEVIEW COTTAGE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of LAKEVIEW COTTAGE, 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 LAKEVIEW COTTAGE). 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 LAKEVIEW COTTAGE?

LAKEVIEW COTTAGE is located on WATERSIDE in LONDON COLNEY, in the AL2 postcode district. The below map shows the position of LAKEVIEW COTTAGE on WATERSIDE.