1B, THE RIDGEWAY, ST ALBANS, AL4 9AL - £460,000

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

1B THE RIDGEWAY is a midsized detached house of 141m², built sometime between 1983 and 1990. It was last sold for £460,000 in May 2008, which was around 27% below the average May 2008 detached price in the St Albans local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

1B THE RIDGEWAY Sold Prices

Land registry data shows two sales for 1B THE RIDGEWAY 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 1B THE RIDGEWAY 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
2008 16 MAY	£460,000	£634,201	27% below HPI
2001 5 APR	£284,500	£364,777	22% below HPI

1B THE RIDGEWAY 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 1B THE RIDGEWAY sales from April 2001 and May 2008 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 April 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2008 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1B THE RIDGEWAY?

1B THE RIDGEWAY is 141m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses by size in St Albans, and where 1B THE RIDGEWAY lies on this distribution: 52% of detached houses are smaller than 1B THE RIDGEWAY, and 47% of houses are larger. Note that EPC data is not available for all properties in St Albans.

1B THE RIDGEWAY: Plot and Title Map

1B THE RIDGEWAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 1B THE RIDGEWAY, 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 1B THE RIDGEWAY). 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 1B THE RIDGEWAY?

1B THE RIDGEWAY is located in ST ALBANS, in the AL4 postcode district. The below map shows the position of No. 1B on THE RIDGEWAY.