7, EAST COMMON, REDBOURN, ST ALBANS, AL3 7ND - £540,000

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.

7 EAST COMMON is a very small extended terraced house of 97m², built sometime between 1900 and 1929, which could now be worth an estimated £620,158. It was last sold for £540,000 in March 2021, which was around 11% above the average March 2021 terraced price in the St Albans local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

7 EAST COMMON Sold Prices

Land registry data shows three sales for 7 EAST COMMON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the St Albans local authority area for the corresponding sale date. All of the three 7 EAST 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
2021 12 MAR	£540,000	£486,668	11% above HPI
2015 26 OCT	£440,000	£436,341	1% above HPI
2002 19 APR	£218,000	£181,269	20% above HPI

7 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 three 7 EAST COMMON sales between April 2002 and March 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 October 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 7 EAST COMMON be worth now?

7 EAST COMMON might now be worth an estimated £620,158.

This is based on house price inflation of 14.8%, between March 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 14.8% inflationary increase is applied to the most recent sale price for 7 EAST COMMON of £540,000 on 12th March 2021. For the value to have increased from £540,000 to £620,158 over the three years and five months to October 2025, the following assumptions must hold true:

• The value of 7 EAST COMMON has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The March 2021 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 7 EAST COMMON has not materially changed since March 2021.

How Large is 7 EAST COMMON?

7 EAST COMMON is 97m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 7 EAST COMMON lies on this distribution: 18% of terraced houses houses are smaller than 7 EAST COMMON, and 82% of houses are larger. Note that EPC data is not available for all properties in Redbourn.

7 EAST COMMON: Plot and Title Map

7 EAST COMMON sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 7 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 7 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 7 EAST COMMON?

7 EAST COMMON is located in REDBOURN, in the AL3 postcode district. The below map shows the position of No. 7 on EAST COMMON.