7, VER ROAD, ST ALBANS, AL3 4QN - £695,000

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

7 VER ROAD is a very small extended detached house of 100m², built sometime between 1900 and 1929. It was last sold for £695,000 in July 2010, which was around 10% above the average July 2010 detached price in the St Albans local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

7 VER ROAD Sold Prices

Land registry data shows three sales for 7 VER ROAD 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. One of the three 7 VER ROAD sales was for above the average price, whilst two 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
2010 21 JUL	£695,000	£630,462	10% above HPI
1997 21 MAR	£190,000	£200,774	5% below HPI
1995 4 AUG	£150,000	£176,106	15% below HPI

7 VER ROAD 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 7 VER ROAD sales between August 1995 and July 2010 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 March 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2010 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 VER ROAD?

7 VER ROAD is 100m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% 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 7 VER ROAD lies on this distribution: 17% of detached houses are smaller than 7 VER ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in St Albans.

7 VER ROAD: Plot and Title Map

7 VER ROAD sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 7 VER ROAD, 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 VER ROAD). 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 VER ROAD?

7 VER ROAD is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 7 on VER ROAD.