24, WELLS CLOSE, HARPENDEN, AL5 3LQ - £695,000

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.

24 WELLS CLOSE is a small extended terraced house of 134m², built sometime between 1950 and 1966, which could now be worth an estimated £772,587. It was last sold for £695,000 in June 2021, which was around 40% above the average June 2021 terraced price in the St Albans local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

24 WELLS CLOSE Sold Prices

Land registry data shows two sales for 24 WELLS 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 24 WELLS CLOSE sales were for above 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 JUN	£695,000	£496,384	40% above HPI
2012 30 NOV	£418,000	£328,247	27% above HPI

24 WELLS 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 24 WELLS CLOSE sales from November 2012 and June 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 November 2012 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2021 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 24 WELLS CLOSE be worth now?

24 WELLS CLOSE might now be worth an estimated £772,587.

This is based on house price inflation of 11.2%, between June 2021 and June 2025, 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 11.2% inflationary increase is applied to the most recent sale price for 24 WELLS CLOSE of £695,000 on 29th June 2021. For the value to have increased from £695,000 to £772,587 over the four years to June 2025, the following assumptions must hold true:

• The value of 24 WELLS CLOSE has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The June 2021 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WELLS CLOSE has not materially changed since June 2021.

How Large is 24 WELLS CLOSE?

24 WELLS CLOSE is 134m², which includes four extensions, according to the EPC inspection conducted in February 2021. This puts it in the smallest 30% of terraced houses houses in Harpenden, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Harpenden, and where 24 WELLS CLOSE lies on this distribution: 29% of terraced houses houses are smaller than 24 WELLS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

24 WELLS CLOSE: Plot and Title Map

24 WELLS CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 24 WELLS 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 24 WELLS 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 24 WELLS CLOSE?

24 WELLS CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 24 on WELLS CLOSE.