38, NORTH COMMON, REDBOURN, ST ALBANS, AL3 7BU - £1,650,000

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.

38 NORTH COMMON is a very large extended detached house of 230m², built sometime between 2003 and 2006, which could now be worth an estimated £1,653,689. It was last sold for £1,650,000 in October 2022, which was around 35% above the average October 2022 detached price in the St Albans local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

38 NORTH COMMON Sold Prices

Land registry data shows three sales for 38 NORTH COMMON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the three 38 NORTH COMMON 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
2022 14 OCT	£1,650,000	£1,221,210	35% above HPI
2001 12 OCT	£450,000	£408,634	10% above HPI
1996 1 NOV	£220,000	£199,449	10% above HPI

38 NORTH COMMON 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 three 38 NORTH COMMON sales between November 1996 and October 2022 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 October 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2022 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 38 NORTH COMMON be worth now?

38 NORTH COMMON might now be worth an estimated £1,653,689.

This is based on house price inflation of 0.2%, between October 2022 and May 2026, 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 0.2% inflationary increase is applied to the most recent sale price for 38 NORTH COMMON of £1,650,000 on 14th October 2022. For the value to have increased from £1,650,000 to £1,653,689 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 38 NORTH COMMON has moved in line with the HPI for detached houses in the St Albans local authority area.
• The October 2022 sale price of £1,650,000 represented a fair market value for the property.
• The size, condition, and specification of 38 NORTH COMMON has not materially changed since October 2022.

How Large is 38 NORTH COMMON?

38 NORTH COMMON is 230m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses houses in Redbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redbourn, and where 38 NORTH COMMON lies on this distribution: 94% of detached houses houses are smaller than 38 NORTH COMMON, and 6% of houses are larger. Note that EPC data is not available for all properties in Redbourn.

38 NORTH COMMON: Plot and Title Map

38 NORTH COMMON sits on a plot of roughly 0.228 of an acre, or 922m². The below map shows the location of 38 NORTH 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 38 NORTH 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 38 NORTH COMMON?

38 NORTH COMMON is located in REDBOURN, in the AL3 postcode district. The below map shows the position of No. 38 on NORTH COMMON.