1, RIVERBANKS CLOSE, HARPENDEN, AL5 5EJ - £410,000

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

1 RIVERBANKS CLOSE is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £410,000 in April 2018, which was around 58% below the average April 2018 detached price in the St Albans local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

1 RIVERBANKS CLOSE Sold Prices

Land registry data shows four sales for 1 RIVERBANKS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the four 1 RIVERBANKS CLOSE 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
2018 26 APR	£410,000	£977,177	58% below HPI
2015 10 JUL	£385,000	£839,608	54% below HPI
2002 20 AUG	£187,000	£433,023	57% below HPI
1998 20 FEB	£121,800	£238,146	49% below HPI

1 RIVERBANKS CLOSE 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 four 1 RIVERBANKS CLOSE sales between February 1998 and April 2018 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 July 2015 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the April 2018 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 1 RIVERBANKS CLOSE?

1 RIVERBANKS CLOSE is 59m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses by size in Harpenden, and where 1 RIVERBANKS CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 1 RIVERBANKS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

1 RIVERBANKS CLOSE: Plot and Title Map

1 RIVERBANKS CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 1 RIVERBANKS CLOSE, 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 1 RIVERBANKS CLOSE). 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 1 RIVERBANKS CLOSE?

1 RIVERBANKS CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 1 on RIVERBANKS CLOSE.