15, EAST COMMON, REDBOURN, ST ALBANS, AL3 7ND - £417,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 EAST COMMON is a very small extended terraced house of 58m², built sometime before 1900, which could now be worth an estimated £474,117. It was last sold for £417,000 in February 2021, which was around 15% below the average February 2021 terraced price in the St Albans local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

15 EAST COMMON Sold Prices

Land registry data shows four sales for 15 EAST COMMON since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the St Albans local authority area for the corresponding sale date. All of the four 15 EAST COMMON 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
2021 26 FEB	£417,000	£491,577	15% below HPI
2016 30 MAR	£333,000	£450,166	26% below HPI
2012 7 DEC	£249,999	£329,868	24% below HPI
2008 11 JUN	£223,000	£302,954	26% below HPI

15 EAST COMMON Price Paid vs. HPI Average

The below graph shows the average terraced house price in the St Albans local authority area over time, sourced from the HPI. The four 15 EAST COMMON sales between June 2008 and February 2021 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 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 15 EAST COMMON be worth now?

15 EAST COMMON might now be worth an estimated £474,117.

This is based on house price inflation of 13.7%, between February 2021 and October 2025, for terraced houses, in the St Albans local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 15 EAST COMMON of £417,000 on 26th February 2021. For the value to have increased from £417,000 to £474,117 over the three years and four months to October 2025, the following assumptions must hold true:

• The value of 15 EAST COMMON has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The February 2021 sale price of £417,000 represented a fair market value for the property.
• The size, condition, and specification of 15 EAST COMMON has not materially changed since February 2021.

How Large is 15 EAST COMMON?

15 EAST COMMON is 58m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of terraced houses houses in Redbourn, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redbourn, and where 15 EAST COMMON lies on this distribution: 3% of terraced houses houses are smaller than 15 EAST COMMON, and 97% of houses are larger. Note that EPC data is not available for all properties in Redbourn.

15 EAST COMMON: Plot and Title Map

15 EAST COMMON sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 15 EAST COMMON, 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 15 EAST COMMON). 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 15 EAST COMMON?

15 EAST COMMON is located in REDBOURN, in the AL3 postcode district. The below map shows the position of No. 15 on EAST COMMON.