88, NEW HOUSE PARK, ST ALBANS, AL1 1UP - £470,000

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

88 NEW HOUSE PARK is a very small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £470,000 in August 2015, which was around 45% below the average August 2015 detached price in the St Albans local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

88 NEW HOUSE PARK Sold Prices

Land registry data shows two sales for 88 NEW HOUSE 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 88 NEW HOUSE 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
2015 14 AUG	£470,000	£850,313	45% below HPI
2014 26 FEB	£385,000	£733,768	48% below HPI

88 NEW HOUSE 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 88 NEW HOUSE PARK sales from February 2014 and August 2015 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 February 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2015 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 88 NEW HOUSE PARK?

88 NEW HOUSE PARK is 102m², which includes one extension, according to the EPC inspection conducted in July 2014. 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 88 NEW HOUSE PARK lies on this distribution: 18% of detached houses are smaller than 88 NEW HOUSE PARK, and 82% of houses are larger. Note that EPC data is not available for all properties in St Albans.

88 NEW HOUSE PARK: Plot and Title Map

88 NEW HOUSE PARK sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 88 NEW HOUSE 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 88 NEW HOUSE 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 88 NEW HOUSE PARK?

88 NEW HOUSE PARK is located in ST ALBANS, in the AL1 postcode district. The below map shows the position of No. 88 on NEW HOUSE PARK.