16, PARK RISE CLOSE, HARPENDEN, AL5 3AW - £978,000

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.

16 PARK RISE CLOSE is a large extended detached house of 189m², built sometime between 1930 and 1949, which could now be worth an estimated £1,138,515. It was last sold for £978,000 in May 2018, which was around 5% below the average May 2018 detached price in the St Albans local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

16 PARK RISE CLOSE Sold Prices

Land registry data shows five sales for 16 PARK RISE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the five 16 PARK RISE CLOSE 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
2018 24 MAY	£978,000	£1,031,040	5% below HPI
2015 31 JUL	£885,000	£893,944	1% below HPI
2009 31 JUL	£395,000	£566,972	30% below HPI
2001 1 FEB	£250,000	£377,526	34% below HPI
1995 7 JUN	£126,000	£183,552	31% below HPI

16 PARK RISE CLOSE 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 five 16 PARK RISE CLOSE sales between June 1995 and May 2018 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 July 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 16 PARK RISE CLOSE be worth now?

16 PARK RISE CLOSE might now be worth an estimated £1,138,515.

This is based on house price inflation of 16.4%, between May 2018 and March 2025, for detached 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 16.4% inflationary increase is applied to the most recent sale price for 16 PARK RISE CLOSE of £978,000 on 24th May 2018. For the value to have increased from £978,000 to £1,138,515 over the seven years and two months to March 2025, the following assumptions must hold true:

• The value of 16 PARK RISE CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The May 2018 sale price of £978,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK RISE CLOSE has not materially changed since May 2018.

How Large is 16 PARK RISE CLOSE?

16 PARK RISE CLOSE is 189m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 40% of detached houses houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harpenden, and where 16 PARK RISE CLOSE lies on this distribution: 62% of detached houses houses are smaller than 16 PARK RISE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

16 PARK RISE CLOSE: Plot and Title Map

16 PARK RISE CLOSE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 16 PARK RISE CLOSE, 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 16 PARK RISE CLOSE). 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 16 PARK RISE CLOSE?

16 PARK RISE CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 16 on PARK RISE CLOSE.