16, PARK RISE, HARPENDEN, AL5 3AH - £925,000

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

16 PARK RISE is a midsized extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £925,000 in March 2020, which was around 4% below the average March 2020 detached price in the St Albans local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

16 PARK RISE Sold Prices

Land registry data shows three sales for 16 PARK 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 16 PARK 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
2020 26 MAR	£925,000	£963,379	4% below HPI
2005 1 FEB	£370,000	£503,175	26% below HPI
1998 30 SEP	£190,000	£254,971	25% below HPI

16 PARK 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 16 PARK RISE sales between September 1998 and March 2020 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 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 16 PARK RISE?

16 PARK RISE is 155m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses by size in Harpenden, and where 16 PARK RISE lies on this distribution: 44% of detached houses are smaller than 16 PARK RISE, and 55% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

16 PARK RISE: Plot and Title Map

16 PARK RISE sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 16 PARK 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 16 PARK 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 16 PARK RISE?

16 PARK RISE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 16 on PARK RISE.