RIDGMONT, LADYSMITH ROAD, ST ALBANS, AL3 5QA - £570,405

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.

RIDGMONT is a very small semi-detached house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £613,953. It was last sold for £570,405 in November 2021, which was around 17% below the average November 2021 semi-detached price in the St Albans local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

RIDGMONT Sold Prices

Land registry data shows four sales for RIDGMONT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the St Albans local authority area for the corresponding sale date. All of the four RIDGMONT 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 29 NOV	£570,405	£683,122	17% below HPI
2017 12 MAY	£525,000	£619,651	15% below HPI
2008 29 FEB	£250,000	£401,569	38% below HPI
1998 20 FEB	£118,000	£144,640	18% below HPI

RIDGMONT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the St Albans local authority area over time, sourced from the HPI. The four RIDGMONT sales between February 1998 and November 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 May 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might RIDGMONT be worth now?

RIDGMONT might now be worth an estimated £613,953.

This is based on house price inflation of 7.6%, between November 2021 and July 2025, for semi-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 7.6% inflationary increase is applied to the most recent sale price for RIDGMONT of £570,405 on 29th November 2021. For the value to have increased from £570,405 to £613,953 over the four years and four months to July 2025, the following assumptions must hold true:

• The value of RIDGMONT has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The November 2021 sale price of £570,405 represented a fair market value for the property.
• The size, condition, and specification of RIDGMONT has not materially changed since November 2021.

How Large is RIDGMONT?

RIDGMONT is 70m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of semi-detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in St Albans, and where RIDGMONT lies on this distribution: 1% of semi-detached houses houses are smaller than RIDGMONT, and 99% of houses are larger. Note that EPC data is not available for all properties in St Albans.

RIDGMONT: Plot and Title Map

RIDGMONT sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of RIDGMONT, 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 RIDGMONT). 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 RIDGMONT?

RIDGMONT is located on LADYSMITH ROAD in ST ALBANS, in the AL3 postcode district. The below map shows the position of RIDGMONT on LADYSMITH ROAD.