4, NEW HOUSE PARK, ST ALBANS, AL1 1UB - £1,500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 NEW HOUSE PARK is a very large extended detached house of 382m², built sometime between 1930 and 1949, which could now be worth an estimated £2,050,576. It was last sold for £1,500,000 in August 2015, which was around 66% above the average August 2015 detached price in the St Albans local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

4 NEW HOUSE PARK Sold Prices

Land registry data shows two sales for 4 NEW HOUSE 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 4 NEW HOUSE PARK 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 28 AUG	£1,500,000	£905,343	66% above HPI
2007 25 OCT	£2,000,000	£665,296	201% above HPI

4 NEW HOUSE 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 4 NEW HOUSE PARK sales from October 2007 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 October 2007 sale was for 201% above the HPI. So the extrapolation line tracks at 201% above the HPI over time, until the August 2015 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 4 NEW HOUSE PARK be worth now?

4 NEW HOUSE PARK might now be worth an estimated £2,050,576.

This is based on house price inflation of 36.7%, between August 2015 and February 2025, for detached houses, in the St Albans local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.7% inflationary increase is applied to the most recent sale price for 4 NEW HOUSE PARK of £1,500,000 on 28th August 2015. For the value to have increased from £1,500,000 to £2,050,576 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 4 NEW HOUSE PARK has moved in line with the HPI for detached houses in the St Albans local authority area.
• The August 2015 sale price of £1,500,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NEW HOUSE PARK has not materially changed since August 2015.

How Large is 4 NEW HOUSE PARK?

4 NEW HOUSE PARK is 382m², which includes four extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses houses by size in St Albans, and where 4 NEW HOUSE PARK lies on this distribution: 98% of detached houses houses are smaller than 4 NEW HOUSE PARK, and 2% of houses are larger. Note that EPC data is not available for all properties in St Albans.

4 NEW HOUSE PARK: Plot and Title Map

4 NEW HOUSE PARK sits on a plot of roughly 0.346 of an acre, or 1,401m². The below map shows the location of 4 NEW HOUSE 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 4 NEW HOUSE 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 4 NEW HOUSE PARK?

4 NEW HOUSE PARK is located in ST. ALBANS, in the AL1 postcode district. The below map shows the position of No. 4 on NEW HOUSE PARK.