40, RIDGEWOOD DRIVE, HARPENDEN, AL5 3LH - £1,200,000

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

40 RIDGEWOOD DRIVE is a large detached house of 240m², built in 2022. It was last sold for £1,200,000 in October 2021, which was around 13% above the average October 2021 detached price in the St Albans local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was B.

40 RIDGEWOOD DRIVE Sold Prices

Land registry data shows two sales for 40 RIDGEWOOD DRIVE 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 40 RIDGEWOOD DRIVE 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
2021 29 OCT	£1,200,000	£1,065,943	13% above HPI
2012 28 SEP	£850,000	£679,116	25% above HPI

40 RIDGEWOOD DRIVE 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 40 RIDGEWOOD DRIVE sales from September 2012 and October 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 September 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 40 RIDGEWOOD DRIVE?

40 RIDGEWOOD DRIVE is 240m² according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses by size in Harpenden, and where 40 RIDGEWOOD DRIVE lies on this distribution: 78% of detached houses are smaller than 40 RIDGEWOOD DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

40 RIDGEWOOD DRIVE: Plot and Title Map

40 RIDGEWOOD DRIVE sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 40 RIDGEWOOD DRIVE, 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 40 RIDGEWOOD DRIVE). 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 40 RIDGEWOOD DRIVE?

40 RIDGEWOOD DRIVE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 40 on RIDGEWOOD DRIVE.