3, THE RISE, PARK STREET, ST ALBANS, AL2 2NT - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 THE RISE is a small extended semi-detached house of 106m², built sometime between 1950 and 1966. It was last sold for £425,000 in October 2012, which was around 41% below the average October 2012 detached price in the St Albans local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

3 THE RISE Sold Prices

Land registry data shows three sales for 3 THE 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 3 THE 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
2012 16 OCT	£425,000	£724,998	41% below HPI
2005 4 AUG	£320,000	£530,523	40% below HPI
1998 19 NOV	£105,000	£270,575	61% below HPI

3 THE 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 3 THE RISE sales between November 1998 and October 2012 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 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 THE RISE?

3 THE RISE is 106m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 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 3 THE RISE lies on this distribution: 35% of detached houses are smaller than 3 THE RISE, and 65% of houses are larger. Note that EPC data is not available for all properties in Park Street.

3 THE RISE: Plot and Title Map

3 THE RISE sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of 3 THE 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 THE 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 THE RISE?

3 THE RISE is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 3 on THE RISE.