16, UPTON CLOSE, PARK STREET, ST ALBANS, AL2 2NR - £424,000

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.

16 UPTON CLOSE is a very small extended detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £442,541. It was last sold for £424,000 in June 2022, which was around 64% below the average June 2022 detached price in the St Albans local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

16 UPTON CLOSE Sold Prices

Land registry data shows four sales for 16 UPTON 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 16 UPTON 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
2022 10 JUN	£424,000	£1,172,660	64% below HPI
2006 30 JUN	£250,000	£555,655	55% below HPI
2003 8 AUG	£215,000	£496,069	57% below HPI
1996 29 NOV	£80,000	£199,449	60% below HPI

16 UPTON 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 16 UPTON CLOSE sales between November 1996 and June 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 June 2006 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2022 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

What might 16 UPTON CLOSE be worth now?

16 UPTON CLOSE might now be worth an estimated £442,541.

This is based on house price inflation of 4.4%, between June 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 4.4% inflationary increase is applied to the most recent sale price for 16 UPTON CLOSE of £424,000 on 10th June 2022. For the value to have increased from £424,000 to £442,541 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 16 UPTON CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The June 2022 sale price of £424,000 represented a fair market value for the property.
• The size, condition, and specification of 16 UPTON CLOSE has not materially changed since June 2022.

How Large is 16 UPTON CLOSE?

16 UPTON CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses houses in Park Street, based on EPC data. The below chart shows the distribution of detached houses houses by size in Park Street, and where 16 UPTON CLOSE lies on this distribution: 16% of detached houses houses are smaller than 16 UPTON CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Park Street.

16 UPTON CLOSE: Plot and Title Map

16 UPTON CLOSE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 16 UPTON 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 16 UPTON 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 16 UPTON CLOSE?

16 UPTON CLOSE is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 16 on UPTON CLOSE.