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

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.

6A THE RISE is a midsized detached house of 126m², built sometime from 2007 onwards, which could now be worth an estimated £910,808. It was last sold for £790,000 in October 2020, which was around 26% 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. All of the three 6A THE RISE 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
2020 20 OCT	£790,000	£1,073,490	26% below HPI
2014 26 MAY	£750,000	£784,138	4% below HPI
2011 25 AUG	£500,000	£694,498	28% 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 6A THE RISE be worth now?

6A THE RISE might now be worth an estimated £910,808.

This is based on house price inflation of 15.3%, between October 2020 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 15.3% inflationary increase is applied to the most recent sale price for 6A THE RISE of £790,000 on 20th October 2020. For the value to have increased from £790,000 to £910,808 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 6A THE RISE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The October 2020 sale price of £790,000 represented a fair market value for the property.
• The size, condition, and specification of 6A THE RISE has not materially changed since October 2020.

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 houses in Park Street, based on EPC data. The below chart shows the distribution of detached houses houses by size in Park Street, and where 6A THE RISE lies on this distribution: 55% of detached houses houses are smaller than 6A THE RISE, and 44% 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.