8, THE PARK, ST ALBANS, AL1 4RY - £1,912,000

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

8 THE PARK is a large extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £1,912,000 in January 2023, which was around 69% above the average January 2023 detached price in the St Albans local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

8 THE PARK Sold Prices

Land registry data shows two sales for 8 THE PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Both of the two 8 THE PARK 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
2023 26 JAN	£1,912,000	£1,130,069	69% above HPI
1998 27 MAR	£345,000	£240,479	43% above HPI

8 THE 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 two 8 THE PARK sales from March 1998 and January 2023 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 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2023 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 8 THE PARK?

8 THE PARK is 170m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 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 THE PARK lies on this distribution: 70% of detached houses are smaller than 8 THE PARK, and 30% of houses are larger. Note that EPC data is not available for all properties in St Albans.

8 THE PARK: Plot and Title Map

8 THE PARK sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of 8 THE 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 THE 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 THE PARK?

8 THE PARK is located in ST. ALBANS, in the AL1 postcode district. The below map shows the position of No. 8 on THE PARK.