8, RIVERBANKS CLOSE, HARPENDEN, AL5 5EJ - £449,950

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.

8 RIVERBANKS CLOSE is a very small terraced house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £505,071. It was last sold for £449,950 in February 2021, which was around 8% below the average February 2021 terraced price in the St Albans local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

8 RIVERBANKS CLOSE Sold Prices

Land registry data shows six sales for 8 RIVERBANKS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the St Albans local authority area for the corresponding sale date. Most of the six 8 RIVERBANKS CLOSE 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 19 FEB	£449,950	£491,577	8% below HPI
2011 28 JUL	£320,000	£312,908	2% above HPI
2005 12 OCT	£245,000	£247,312	1% below HPI
2003 27 AUG	£219,950	£214,862	2% above HPI
2000 27 OCT	£159,950	£152,701	5% above HPI
1998 27 FEB	£117,500	£105,781	11% above HPI

8 RIVERBANKS CLOSE 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 six 8 RIVERBANKS CLOSE sales between February 1998 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 July 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 RIVERBANKS CLOSE be worth now?

8 RIVERBANKS CLOSE might now be worth an estimated £505,071.

This is based on house price inflation of 12.3%, between February 2021 and June 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 12.3% inflationary increase is applied to the most recent sale price for 8 RIVERBANKS CLOSE of £449,950 on 19th February 2021. For the value to have increased from £449,950 to £505,071 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 8 RIVERBANKS CLOSE has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The February 2021 sale price of £449,950 represented a fair market value for the property.
• The size, condition, and specification of 8 RIVERBANKS CLOSE has not materially changed since February 2021.

How Large is 8 RIVERBANKS CLOSE?

8 RIVERBANKS CLOSE is 69m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of terraced houses houses in Harpenden, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Harpenden, and where 8 RIVERBANKS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 8 RIVERBANKS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

8 RIVERBANKS CLOSE: Plot and Title Map

8 RIVERBANKS CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 8 RIVERBANKS 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 8 RIVERBANKS 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 8 RIVERBANKS CLOSE?

8 RIVERBANKS CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 8 on RIVERBANKS CLOSE.