6A, THE RISE, PARK STREET, ST ALBANS, AL2 2NT - £790,000

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

6A THE RISE is a midsized detached house of 126m², built sometime from 2007 onwards. It was last sold for £790,000 in October 2020, which was around 22% below the average October 2020 detached price in the St Albans local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

6A THE RISE Sold Prices

Land registry data shows three sales for 6A THE RISE 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. Two of the three 6A THE RISE sales were for below the average price, whilst one was 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
2020 20 OCT	£790,000	£1,008,243	22% below HPI
2014 26 MAY	£750,000	£736,475	2% above HPI
2011 25 AUG	£500,000	£652,285	23% below HPI

6A THE RISE 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 6A THE RISE sales between August 2011 and October 2020 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 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 6A THE RISE?

6A THE RISE is 126m² according to the EPC inspection conducted in June 2012. This puts it in the largest 50% 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 6A THE RISE lies on this distribution: 54% of detached houses are smaller than 6A THE RISE, and 45% of houses are larger. Note that EPC data is not available for all properties in Park Street.

6A THE RISE: Plot and Title Map

6A THE RISE sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of 6A THE RISE, 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 6A THE RISE). 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 6A THE RISE?

6A THE RISE is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 6A on THE RISE.