56, THE PARK, ST ALBANS, AL1 4RY - £1,475,000

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 THE PARK is a very large extended detached house of 268m², built sometime between 1950 and 1966. It was last sold for £1,475,000 in December 2017, which was around 48% above the average December 2017 detached price in the St Albans local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

56 THE PARK Sold Prices

Land registry data shows four sales for 56 THE PARK 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 56 THE PARK sales were for above 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
2017 20 DEC	£1,475,000	£996,567	48% above HPI
2003 29 AUG	£860,000	£465,917	85% above HPI
2000 27 OCT	£725,000	£352,234	106% above HPI
1999 27 AUG	£495,000	£281,885	76% above HPI

56 THE PARK 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 56 THE PARK sales between August 1999 and December 2017 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 August 2003 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the December 2017 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 56 THE PARK?

56 THE PARK is 268m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 56 THE PARK lies on this distribution: 93% of detached houses are smaller than 56 THE PARK, and 7% of houses are larger. Note that EPC data is not available for all properties in St Albans.

56 THE PARK: Plot and Title Map

56 THE PARK sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of 56 THE PARK, 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 THE PARK). 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 THE PARK?

56 THE PARK is located in ST. ALBANS, in the AL1 postcode district. The below map shows the position of No. 56 on THE PARK.