10, THE RISE, PARK STREET, ST ALBANS, AL2 2NT - £510,000

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.

10 THE RISE is a midsized extended detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £724,580. It was last sold for £510,000 in December 2014, which was around 41% below the average December 2014 detached price in the St Albans local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

10 THE RISE Sold Prices

Land registry data shows two sales for 10 THE RISE 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 10 THE RISE 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
2014 12 DEC	£510,000	£871,128	41% below HPI
1999 15 OCT	£166,000	£312,779	47% below HPI

10 THE RISE 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 10 THE RISE sales from October 1999 and December 2014 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 1999 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2014 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 10 THE RISE be worth now?

10 THE RISE might now be worth an estimated £724,580.

This is based on house price inflation of 42.1%, between December 2014 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 42.1% inflationary increase is applied to the most recent sale price for 10 THE RISE of £510,000 on 12th December 2014. For the value to have increased from £510,000 to £724,580 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 10 THE RISE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The December 2014 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE RISE has not materially changed since December 2014.

How Large is 10 THE RISE?

10 THE RISE is 128m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses houses in Park Street, based on EPC data. The below chart shows the distribution of detached houses houses by size in Park Street, and where 10 THE RISE lies on this distribution: 58% of detached houses houses are smaller than 10 THE RISE, and 41% of houses are larger. Note that EPC data is not available for all properties in Park Street.

10 THE RISE: Plot and Title Map

10 THE RISE sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 10 THE RISE, 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 10 THE RISE). 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 10 THE RISE?

10 THE RISE is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 10 on THE RISE.