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

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

51 RUSSET DRIVE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £636,000 in May 2016, which was around 32% 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	£936,457	32% below HPI
2007 1 JUN	£400,000	£602,878	34% below HPI
2002 8 NOV	£307,500	£457,336	33% below HPI
1998 20 MAR	£172,500	£240,479	28% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

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 in St Albans, based on EPC data. The below chart shows the distribution of detached houses by size in St Albans, and where 51 RUSSET DRIVE lies on this distribution: 4% of detached 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.