7, PARK RISE, HARPENDEN, AL5 3AH - £1,315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 PARK RISE is a large extended detached house of 200m², built sometime between 1930 and 1949. It was last sold for £1,315,000 in February 2021, which was around 31% above the average February 2021 detached price in the St Albans local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

7 PARK RISE Sold Prices

Land registry data shows five sales for 7 PARK RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Most of the five 7 PARK RISE 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
2021 16 FEB	£1,315,000	£1,005,330	31% above HPI
2015 23 APR	£1,250,000	£819,109	53% above HPI
2007 14 SEP	£910,000	£618,149	47% above HPI
2005 15 JUL	£700,000	£490,521	43% above HPI
1996 28 AUG	£176,000	£181,617	3% below HPI

7 PARK 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 five 7 PARK RISE sales between August 1996 and February 2021 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 April 2015 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2021 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 7 PARK RISE?

7 PARK RISE is 200m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses by size in Harpenden, and where 7 PARK RISE lies on this distribution: 66% of detached houses are smaller than 7 PARK RISE, and 33% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

7 PARK RISE: Plot and Title Map

7 PARK RISE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 7 PARK 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 7 PARK 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 7 PARK RISE?

7 PARK RISE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 7 on PARK RISE.