11, THE RISE, PARK STREET, ST. ALBANS, AL2 2NT - £209,000

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

11 THE RISE is a very small detached house of 52m², built sometime between 1930 and 1949. It was last sold for £209,000 in August 2002, which was around 52% below the average August 2002 detached price in the St Albans local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was B.

11 THE RISE Sold Prices

Land registry data shows three sales for 11 THE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the three 11 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
2002 2 AUG	£209,000	£433,023	52% below HPI
2001 9 FEB	£167,500	£354,579	53% below HPI
1995 17 JUL	£80,000	£172,564	54% below HPI

11 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 three 11 THE RISE sales between July 1995 and August 2002 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 February 2001 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the August 2002 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 11 THE RISE?

11 THE RISE is 52m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Park Street, based on EPC data. The below chart shows the distribution of detached houses by size in Park Street, and where 11 THE RISE lies on this distribution: 1% of detached houses are smaller than 11 THE RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Park Street.

11 THE RISE: Plot and Title Map

11 THE RISE sits on a plot of roughly 0.176 of an acre, or 710m². The below map shows the location of 11 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 11 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 11 THE RISE?

11 THE RISE is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 11 on THE RISE.