SUMMERVILLE, WATERSIDE, LONDON COLNEY, ST ALBANS, AL2 1QZ - £555,000

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

SUMMERVILLE is a very small extended detached house of 65m², built sometime before 1900. It was last sold for £555,000 in June 2022, which was around 50% below the average June 2022 detached price in the St Albans local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was E.

SUMMERVILLE Sold Prices

Land registry data shows five sales for SUMMERVILLE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the five SUMMERVILLE 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
2022 30 JUN	£555,000	£1,101,378	50% below HPI
2015 8 JUN	£350,000	£827,579	58% below HPI
2007 27 JUL	£275,000	£607,511	55% below HPI
2000 25 AUG	£137,000	£347,281	61% below HPI
1997 8 DEC	£110,000	£235,222	53% below HPI

SUMMERVILLE 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 five SUMMERVILLE sales between December 1997 and June 2022 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 June 2015 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the June 2022 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is SUMMERVILLE?

SUMMERVILLE is 65m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in London Colney, based on EPC data. The below chart shows the distribution of detached houses by size in London Colney, and where SUMMERVILLE lies on this distribution: 1% of detached houses are smaller than SUMMERVILLE, and 99% of houses are larger. Note that EPC data is not available for all properties in London Colney.

SUMMERVILLE: Plot and Title Map

SUMMERVILLE sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of SUMMERVILLE, 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 SUMMERVILLE). 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 SUMMERVILLE?

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