2, UPTON CLOSE, PARK STREET, ST ALBANS, AL2 2NR - £275,000

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.

2 UPTON CLOSE is a midsized extended terraced house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £392,438. It was last sold for £275,000 in November 2014, which was around 31% below the average November 2014 terraced price in the St Albans local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

2 UPTON CLOSE Sold Prices

Land registry data shows two sales for 2 UPTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the St Albans local authority area for the corresponding sale date. Both of the two 2 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
2014 13 NOV	£275,000	£398,762	31% below HPI
2011 16 NOV	£240,000	£310,040	23% below HPI

2 UPTON 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 two 2 UPTON CLOSE sales from November 2011 and November 2014 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 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 UPTON CLOSE be worth now?

2 UPTON CLOSE might now be worth an estimated £392,438.

This is based on house price inflation of 42.7%, between November 2014 and May 2026, 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 42.7% inflationary increase is applied to the most recent sale price for 2 UPTON CLOSE of £275,000 on 13th November 2014. For the value to have increased from £275,000 to £392,438 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 2 UPTON CLOSE has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The November 2014 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 UPTON CLOSE has not materially changed since November 2014.

How Large is 2 UPTON CLOSE?

2 UPTON CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% of terraced houses houses in Park Street, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Park Street, and where 2 UPTON CLOSE lies on this distribution: 43% of terraced houses houses are smaller than 2 UPTON CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Park Street.

2 UPTON CLOSE: Plot and Title Map

2 UPTON CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 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 2 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 2 UPTON CLOSE?

2 UPTON CLOSE is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 2 on UPTON CLOSE.