8, SOVEREIGN PARK, ST ALBANS, AL4 0FJ - £460,000

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

8 SOVEREIGN PARK is a small detached house of 106m², built sometime between 1996 and 2002. It was last sold for £460,000 in August 2011, which was around 29% below the average August 2011 detached price in the St Albans local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

8 SOVEREIGN PARK Sold Prices

Land registry data shows three sales for 8 SOVEREIGN PARK 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 8 SOVEREIGN PARK 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
2011 31 AUG	£460,000	£652,285	29% below HPI
2007 26 JAN	£422,500	£570,142	26% below HPI
2002 11 OCT	£318,995	£447,473	29% below HPI

8 SOVEREIGN 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 three 8 SOVEREIGN PARK sales between October 2002 and August 2011 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 January 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2011 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 SOVEREIGN PARK?

8 SOVEREIGN PARK is 106m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% 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 8 SOVEREIGN PARK lies on this distribution: 22% of detached houses are smaller than 8 SOVEREIGN PARK, and 78% of houses are larger. Note that EPC data is not available for all properties in St Albans.

8 SOVEREIGN PARK: Plot and Title Map

8 SOVEREIGN PARK sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 8 SOVEREIGN 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 8 SOVEREIGN 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 8 SOVEREIGN PARK?

8 SOVEREIGN PARK is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 8 on SOVEREIGN PARK.