31, THE PARK, REDBOURN, ST ALBANS, AL3 7LR - £520,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 THE PARK is a small extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £520,000 in October 2017, which was around 48% below the average October 2017 detached price in the St Albans local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

31 THE PARK Sold Prices

Land registry data shows two sales for 31 THE PARK 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 31 THE PARK 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
2017 24 OCT	£520,000	£991,930	48% below HPI
1999 8 APR	£168,000	£263,200	36% below HPI

31 THE PARK 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 31 THE PARK sales from April 1999 and October 2017 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 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2017 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 31 THE PARK?

31 THE PARK is 122m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Redbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Redbourn, and where 31 THE PARK lies on this distribution: 39% of detached houses are smaller than 31 THE PARK, and 61% of houses are larger. Note that EPC data is not available for all properties in Redbourn.

31 THE PARK: Plot and Title Map

31 THE PARK sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 31 THE PARK, 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 31 THE PARK). 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 31 THE PARK?

31 THE PARK is located in REDBOURN, in the AL3 postcode district. The below map shows the position of No. 31 on THE PARK.