12, THE RISE, PARK STREET, ST ALBANS, AL2 2NT - £635,000

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

12 THE RISE is a midsized extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £635,000 in August 2017, which was around 35% below the average August 2017 detached price in the St Albans local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

12 THE RISE Sold Prices

Land registry data shows two sales for 12 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 12 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
2017 31 AUG	£635,000	£971,842	35% below HPI
2012 18 OCT	£400,000	£680,931	41% below HPI

12 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 12 THE RISE sales from October 2012 and August 2017 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 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2017 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 THE RISE?

12 THE RISE is 120m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% 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 12 THE RISE lies on this distribution: 49% of detached houses are smaller than 12 THE RISE, and 51% of houses are larger. Note that EPC data is not available for all properties in Park Street.

12 THE RISE: Plot and Title Map

12 THE RISE sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 12 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 12 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 12 THE RISE?

12 THE RISE is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 12 on THE RISE.