5, OLD ORCHARD, PARK STREET, ST ALBANS, AL2 2QB - £545,000

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.

5 OLD ORCHARD is a small detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £653,794. It was last sold for £545,000 in November 2018, which was around 47% below the average November 2018 detached price in the St Albans local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

5 OLD ORCHARD Sold Prices

Land registry data shows three sales for 5 OLD ORCHARD 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 5 OLD ORCHARD 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
2018 23 NOV	£545,000	£1,031,700	47% below HPI
2013 16 DEC	£445,000	£748,439	41% below HPI
2005 29 APR	£360,000	£526,179	32% below HPI

5 OLD ORCHARD 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 5 OLD ORCHARD sales between April 2005 and November 2018 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 December 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 5 OLD ORCHARD be worth now?

5 OLD ORCHARD might now be worth an estimated £653,794.

This is based on house price inflation of 20%, between November 2018 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 20% inflationary increase is applied to the most recent sale price for 5 OLD ORCHARD of £545,000 on 23rd November 2018. For the value to have increased from £545,000 to £653,794 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 OLD ORCHARD has moved in line with the HPI for detached houses in the St Albans local authority area.
• The November 2018 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OLD ORCHARD has not materially changed since November 2018.

How Large is 5 OLD ORCHARD?

5 OLD ORCHARD is 107m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 40% of detached houses houses in Park Street, based on EPC data. The below chart shows the distribution of detached houses houses by size in Park Street, and where 5 OLD ORCHARD lies on this distribution: 35% of detached houses houses are smaller than 5 OLD ORCHARD, and 64% of houses are larger. Note that EPC data is not available for all properties in Park Street.

5 OLD ORCHARD: Plot and Title Map

5 OLD ORCHARD sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 5 OLD ORCHARD, 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 5 OLD ORCHARD). 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 5 OLD ORCHARD?

5 OLD ORCHARD is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 5 on OLD ORCHARD.