22, OLD ORCHARD, PARK STREET, ST ALBANS, AL2 2QB - £702,000

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

22 OLD ORCHARD is a large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £702,000 in February 2021, which was around 30% below the average February 2021 detached price in the St Albans local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

22 OLD ORCHARD Sold Prices

Land registry data shows two sales for 22 OLD ORCHARD 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 22 OLD ORCHARD 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
2021 5 FEB	£702,000	£1,005,329	30% below HPI
2017 18 JAN	£670,000	£975,257	31% below HPI

22 OLD ORCHARD 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 22 OLD ORCHARD sales from January 2017 and February 2021 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 January 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 22 OLD ORCHARD?

22 OLD ORCHARD is 145m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% 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 22 OLD ORCHARD lies on this distribution: 67% of detached houses are smaller than 22 OLD ORCHARD, and 33% of houses are larger. Note that EPC data is not available for all properties in Park Street.

22 OLD ORCHARD: Plot and Title Map

22 OLD ORCHARD sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 22 OLD ORCHARD, 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 22 OLD ORCHARD). 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 22 OLD ORCHARD?

22 OLD ORCHARD is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 22 on OLD ORCHARD.