12, RIVERBANKS CLOSE, HARPENDEN, AL5 5EJ - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 RIVERBANKS CLOSE is a very small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £320,000 in July 2005, which was around 35% below the average July 2005 detached price in the St Albans local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

12 RIVERBANKS CLOSE Sold Prices

Land registry data shows two sales for 12 RIVERBANKS CLOSE 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 12 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
2005 29 JUL	£320,000	£490,521	35% below HPI
1998 6 MAR	£123,000	£240,479	49% below HPI

12 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 two 12 RIVERBANKS CLOSE sales from March 1998 and July 2005 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 March 1998 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2005 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 RIVERBANKS CLOSE?

12 RIVERBANKS CLOSE is 100m², which includes two extensions, according to the EPC inspection conducted in October 2021. 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 12 RIVERBANKS CLOSE lies on this distribution: 8% of detached houses are smaller than 12 RIVERBANKS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

12 RIVERBANKS CLOSE: Plot and Title Map

12 RIVERBANKS CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 12 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 12 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 12 RIVERBANKS CLOSE?

12 RIVERBANKS CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 12 on RIVERBANKS CLOSE.