54, RUSSET DRIVE, ST ALBANS, AL4 0DD - £400,000

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.

54 RUSSET DRIVE is a small detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £744,299. It was last sold for £400,000 in May 2010, which was around 40% below the average May 2010 detached price in the St Albans local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

54 RUSSET DRIVE Sold Prices

Land registry data shows three sales for 54 RUSSET DRIVE 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 54 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
2010 28 MAY	£400,000	£665,136	40% below HPI
2001 18 MAY	£235,000	£391,858	40% below HPI
1998 16 FEB	£168,950	£253,558	33% below HPI

54 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 three 54 RUSSET DRIVE sales between February 1998 and May 2010 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 May 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2010 sale, which was also at 40% below the HPI.

What might 54 RUSSET DRIVE be worth now?

54 RUSSET DRIVE might now be worth an estimated £744,299.

This is based on house price inflation of 86.1%, between May 2010 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 86.1% inflationary increase is applied to the most recent sale price for 54 RUSSET DRIVE of £400,000 on 28th May 2010. For the value to have increased from £400,000 to £744,299 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of 54 RUSSET DRIVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The May 2010 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 54 RUSSET DRIVE has not materially changed since May 2010.

How Large is 54 RUSSET DRIVE?

54 RUSSET DRIVE is 116m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% 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 54 RUSSET DRIVE lies on this distribution: 32% of detached houses houses are smaller than 54 RUSSET DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in St Albans.

54 RUSSET DRIVE: Plot and Title Map

54 RUSSET DRIVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 54 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 54 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 54 RUSSET DRIVE?

54 RUSSET DRIVE is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 54 on RUSSET DRIVE.