1A, THE CLOSE, HARPENDEN, AL5 3NB - £890,000

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.

1A THE CLOSE is a very small semi-detached house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £1,254,787. It was last sold for £890,000 in March 2015, which was around 67% above the average March 2015 semi-detached price in the St Albans local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

1A THE CLOSE Sold Prices

Land registry data shows four sales for 1A THE CLOSE 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. Most of the four 1A THE 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
2015 11 MAR	£890,000	£534,478	67% above HPI
2006 30 NOV	£300,000	£357,104	16% below HPI
2003 28 NOV	£227,500	£289,704	21% below HPI
2002 14 FEB	£144,010	£240,875	40% below HPI

1A THE CLOSE 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 1A THE CLOSE sales between February 2002 and March 2015 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 November 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2015 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 1A THE CLOSE be worth now?

1A THE CLOSE might now be worth an estimated £1,254,787.

This is based on house price inflation of 41%, between March 2015 and February 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 41% inflationary increase is applied to the most recent sale price for 1A THE CLOSE of £890,000 on 11th March 2015. For the value to have increased from £890,000 to £1,254,787 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 1A THE CLOSE has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The March 2015 sale price of £890,000 represented a fair market value for the property.
• The size, condition, and specification of 1A THE CLOSE has not materially changed since March 2015.

How Large is 1A THE CLOSE?

1A THE CLOSE is 69m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of semi-detached houses houses in Harpenden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Harpenden, and where 1A THE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 1A THE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

1A THE CLOSE: Plot and Title Map

1A THE CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 1A THE 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 1A THE 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 1A THE CLOSE?

1A THE CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 1A on THE CLOSE.