56, MOUNT DRIVE, PARK STREET, ST ALBANS, AL2 2NS - £484,000

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

56 MOUNT DRIVE is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £484,000 in September 2013, which was around 31% below the average September 2013 detached price in the St Albans local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

56 MOUNT DRIVE Sold Prices

Land registry data shows two sales for 56 MOUNT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Both of the two 56 MOUNT 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
2013 6 SEP	£484,000	£705,728	31% below HPI
2000 6 OCT	£170,000	£352,234	52% below HPI

56 MOUNT 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 two 56 MOUNT DRIVE sales from October 2000 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 October 2000 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2013 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 56 MOUNT DRIVE?

56 MOUNT DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 30% of detached houses in Park Street, based on EPC data. The below chart shows the distribution of detached houses by size in Park Street, and where 56 MOUNT DRIVE lies on this distribution: 26% of detached houses are smaller than 56 MOUNT DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Park Street.

56 MOUNT DRIVE: Plot and Title Map

56 MOUNT DRIVE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 56 MOUNT 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 56 MOUNT 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 56 MOUNT DRIVE?

56 MOUNT DRIVE is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 56 on MOUNT DRIVE.