40 Folly Lane

    40, FOLLY LANE, ST ALBANS, AL3 5JJ

    This terraced freehold property on Folly Lane last sold in March 2022 for £526,000. Based on price growth in the AL3 district since then, its estimated current value is £536,717 — placing it in the 82nd percentile nationally and the 33rd percentile within AL3. The property covers 70 m² (753 sq ft), giving an estimated value of £7,667 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £526,000

    Mar 2022

    Estimated Valuation

    £536,717

    Est. £/sq ft

    £712/sq ft

    £7,667/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateSept 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Mar 2022

    £526,000

    3 Aug 2016

    £435,000

    3 Mar 2004

    £230,000

    22 May 1998

    £117,500

    30 Apr 1996

    £60,000

    Key Metrics

    Estimated valuation£536,717
    Value per sq ft / m²£712/sq ft (£7,667/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    AL3 district percentile33rd percentile
    National percentile82nd percentile

    District Context — AL3

    AL3 covers the village and rural areas around Harpenden in Hertfordshire, lying north of London and within commuting distance of the capital. It is a prosperous, family-oriented district characterised by period properties, green spaces, and strong community amenities.

    Average Property Price - AL3

    £704,779

    93

    National percentile

    Average Net Household Income - AL3

    £55,431

    95

    National percentile

    10-Year Annualised Price Growth - AL3

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - AL

    3.9%

    50

    National percentile

    View full analysis for AL3

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