9, PARK RISE, NORTHCHURCH, BERKHAMSTED, HP4 3RT - £740,000

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

9 PARK RISE is a small extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £740,000 in November 2017, which was around 10% below the average November 2017 detached price in the Dacorum local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

9 PARK RISE Sold Prices

Land registry data shows three sales for 9 PARK RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the three 9 PARK RISE 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
2017 28 NOV	£740,000	£819,978	10% below HPI
2014 21 FEB	£425,000	£589,572	28% below HPI
2005 6 OCT	£300,000	£448,008	33% below HPI

9 PARK RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The three 9 PARK RISE sales between October 2005 and November 2017 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 9 PARK RISE?

9 PARK RISE is 135m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Berkhamsted, based on EPC data. The below chart shows the distribution of detached houses by size in Berkhamsted, and where 9 PARK RISE lies on this distribution: 38% of detached houses are smaller than 9 PARK RISE, and 61% of houses are larger. Note that EPC data is not available for all properties in Berkhamsted.

9 PARK RISE: Plot and Title Map

9 PARK RISE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 9 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 9 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 9 PARK RISE?

9 PARK RISE is located in NORTHCHURCH, in the HP4 postcode district. The below map shows the position of No. 9 on PARK RISE.