15, PENMAN CLOSE, ST ALBANS, AL2 3DJ - £800,000

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.

15 PENMAN CLOSE is a very large extended detached house of 187m², built sometime between 1967 and 1975, which could now be worth an estimated £818,262. It was last sold for £800,000 in July 2024, which was around 31% below the average July 2024 detached 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.

15 PENMAN CLOSE Sold Prices

Land registry data shows four sales for 15 PENMAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the four 15 PENMAN 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
2024 29 JUL	£800,000	£1,165,670	31% below HPI
2020 14 AUG	£760,000	£1,048,480	28% below HPI
2011 8 JUN	£495,000	£683,557	28% below HPI
1998 24 JUL	£190,000	£266,361	29% below HPI

15 PENMAN 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 four 15 PENMAN CLOSE sales between July 1998 and July 2024 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 August 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 15 PENMAN CLOSE be worth now?

15 PENMAN CLOSE might now be worth an estimated £818,262.

This is based on house price inflation of 2.3%, between July 2024 and June 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 2.3% inflationary increase is applied to the most recent sale price for 15 PENMAN CLOSE of £800,000 on 29th July 2024. For the value to have increased from £800,000 to £818,262 over the one year and one month to June 2025, the following assumptions must hold true:

• The value of 15 PENMAN CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The July 2024 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PENMAN CLOSE has not materially changed since July 2024.

How Large is 15 PENMAN CLOSE?

15 PENMAN CLOSE is 187m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses houses in Chiswell Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chiswell Green, and where 15 PENMAN CLOSE lies on this distribution: 82% of detached houses houses are smaller than 15 PENMAN CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chiswell Green.

15 PENMAN CLOSE: Plot and Title Map

15 PENMAN CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 15 PENMAN 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 15 PENMAN 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 15 PENMAN CLOSE?

15 PENMAN CLOSE is located in ST. ALBANS, in the AL2 postcode district. The below map shows the position of No. 15 on PENMAN CLOSE.