4, HORSEMANS RIDE, ST ALBANS, AL2 3JE - £703,000

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

4 HORSEMANS RIDE is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £703,000 in June 2021, which was around 31% below the average June 2021 detached price in the St Albans local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

4 HORSEMANS RIDE Sold Prices

Land registry data shows two sales for 4 HORSEMANS RIDE 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 4 HORSEMANS RIDE 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 29 JUN	£703,000	£1,011,648	31% below HPI
2018 16 AUG	£540,000	£985,980	45% below HPI

4 HORSEMANS RIDE 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 4 HORSEMANS RIDE sales from August 2018 and June 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 August 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 4 HORSEMANS RIDE?

4 HORSEMANS RIDE is 85m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Chiswell Green, based on EPC data. The below chart shows the distribution of detached houses by size in Chiswell Green, and where 4 HORSEMANS RIDE lies on this distribution: 8% of detached houses are smaller than 4 HORSEMANS RIDE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chiswell Green.

4 HORSEMANS RIDE: Plot and Title Map

4 HORSEMANS RIDE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 4 HORSEMANS RIDE, 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 4 HORSEMANS RIDE). 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 4 HORSEMANS RIDE?

4 HORSEMANS RIDE is located in ST ALBANS, in the AL2 postcode district. The below map shows the position of No. 4 on HORSEMANS RIDE.