5, PARK RISE, NORTHCHURCH, BERKHAMSTED, HP4 3RT - £418,000

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 PARK RISE is a very small detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £719,858. It was last sold for £418,000 in September 2013, which was around 22% below the average September 2013 detached price in the Dacorum local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

5 PARK RISE Sold Prices

Land registry data shows two sales for 5 PARK RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 5 PARK RISE 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
2013 19 SEP	£418,000	£534,800	22% below HPI
2002 18 JAN	£250,000	£317,214	21% below HPI

5 PARK RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The two 5 PARK RISE sales from January 2002 and September 2013 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 January 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 5 PARK RISE be worth now?

5 PARK RISE might now be worth an estimated £719,858.

This is based on house price inflation of 72.2%, between September 2013 and February 2025, for detached houses, in the Dacorum local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.2% inflationary increase is applied to the most recent sale price for 5 PARK RISE of £418,000 on 19th September 2013. For the value to have increased from £418,000 to £719,858 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 PARK RISE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The September 2013 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK RISE has not materially changed since September 2013.

How Large is 5 PARK RISE?

5 PARK RISE is 71m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses houses in Berkhamsted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Berkhamsted, and where 5 PARK RISE lies on this distribution: 3% of detached houses houses are smaller than 5 PARK RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Berkhamsted.

5 PARK RISE: Plot and Title Map

5 PARK RISE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 5 PARK RISE, 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 PARK RISE). 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 PARK RISE?

5 PARK RISE is located in NORTHCHURCH, in the HP4 postcode district. The below map shows the position of No. 5 on PARK RISE.