3, PARK RISE, NORTHCHURCH, BERKHAMSTED, HP4 3RT - £550,000

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

3 PARK RISE is a small extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £550,000 in July 2014, which was around 12% below the average July 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

3 PARK RISE Sold Prices

Land registry data shows three sales for 3 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 Dacorum local authority area for the corresponding sale date. All of the three 3 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
2014 18 JUL	£550,000	£624,791	12% below HPI
2008 19 AUG	£460,000	£520,115	12% below HPI
2005 22 JUL	£200,000	£433,976	54% below HPI

3 PARK RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The three 3 PARK RISE sales between July 2005 and July 2014 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 August 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2014 sale, which was also at 12% below the HPI.

How Large is 3 PARK RISE?

3 PARK RISE is 123m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Berkhamsted, based on EPC data. The below chart shows the distribution of detached houses by size in Berkhamsted, and where 3 PARK RISE lies on this distribution: 30% of detached houses are smaller than 3 PARK RISE, and 70% of houses are larger. Note that EPC data is not available for all properties in Berkhamsted.

3 PARK RISE: Plot and Title Map

3 PARK RISE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 3 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 3 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 3 PARK RISE?

3 PARK RISE is located in NORTHCHURCH, in the HP4 postcode district. The below map shows the position of No. 3 on PARK RISE.