51, RUSSET DRIVE, ST ALBANS, AL4 0DB - £636,000

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.

51 RUSSET DRIVE is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £789,466. It was last sold for £636,000 in May 2016, which was around 36% below the average May 2016 detached price in the St Albans local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

51 RUSSET DRIVE Sold Prices

Land registry data shows four sales for 51 RUSSET DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the four 51 RUSSET DRIVE 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
2016 17 MAY	£636,000	£997,061	36% below HPI
2007 1 JUN	£400,000	£641,894	38% below HPI
2002 8 NOV	£307,500	£486,933	37% below HPI
1998 20 MAR	£172,500	£256,042	33% below HPI

51 RUSSET 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 four 51 RUSSET DRIVE sales between March 1998 and May 2016 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 June 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2016 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 51 RUSSET DRIVE be worth now?

51 RUSSET DRIVE might now be worth an estimated £789,466.

This is based on house price inflation of 24.1%, between May 2016 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 24.1% inflationary increase is applied to the most recent sale price for 51 RUSSET DRIVE of £636,000 on 17th May 2016. For the value to have increased from £636,000 to £789,466 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 51 RUSSET DRIVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The May 2016 sale price of £636,000 represented a fair market value for the property.
• The size, condition, and specification of 51 RUSSET DRIVE has not materially changed since May 2016.

How Large is 51 RUSSET DRIVE?

51 RUSSET DRIVE is 78m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 51 RUSSET DRIVE lies on this distribution: 3% of detached houses houses are smaller than 51 RUSSET DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in St Albans.

51 RUSSET DRIVE: Plot and Title Map

51 RUSSET DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 51 RUSSET 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 51 RUSSET 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 51 RUSSET DRIVE?

51 RUSSET DRIVE is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 51 on RUSSET DRIVE.