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
221 THE RIDGEWAY is a very large extended detached house of 253m², built sometime between 1950 and 1966. It was last sold for £1,230,000 in August 2015, which was around 45% above the average August 2015 detached price in the St Albans local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 221 THE RIDGEWAY since 1st 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 221 THE RIDGEWAY sales were for above 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 |
---|---|---|---|
2015 27 AUG | £1,230,000 | £850,313 | 45% above HPI |
2005 14 SEP | £755,000 | £501,099 | 51% above HPI |
1997 17 OCT | £380,800 | £230,363 | 65% above HPI |
The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The three 221 THE RIDGEWAY sales between October 1997 and August 2015 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 September 2005 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2015 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.
221 THE RIDGEWAY is 253m², which includes three extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% 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 221 THE RIDGEWAY lies on this distribution: 92% of detached houses are smaller than 221 THE RIDGEWAY, and 8% of houses are larger. Note that EPC data is not available for all properties in St Albans.
221 THE RIDGEWAY sits on a plot of roughly 0.223 of an acre, or 904m². The below map shows the location of 221 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 221 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.
221 THE RIDGEWAY is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 221 on THE RIDGEWAY.