3, NORTH CLOSE, ST ALBANS, AL2 3HB - £436,500

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.

3 NORTH CLOSE is a small extended semi-detached house of 115m², built sometime between 1930 and 1949, which could now be worth an estimated £718,444. It was last sold for £436,500 in January 2014, which was around 5% below the average January 2014 semi-detached price in the St Albans local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

3 NORTH CLOSE Sold Prices

Land registry data shows two sales for 3 NORTH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the St Albans local authority area for the corresponding sale date. Both of the two 3 NORTH 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 24 JAN	£436,500	£460,474	5% below HPI
2012 25 MAY	£285,000	£429,984	34% below HPI

3 NORTH 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 two 3 NORTH CLOSE sales from May 2012 and January 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 May 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 NORTH CLOSE be worth now?

3 NORTH CLOSE might now be worth an estimated £718,444.

This is based on house price inflation of 64.6%, between January 2014 and May 2026, 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 64.6% inflationary increase is applied to the most recent sale price for 3 NORTH CLOSE of £436,500 on 24th January 2014. For the value to have increased from £436,500 to £718,444 over the eleven years and eight months to May 2026, the following assumptions must hold true:

• The value of 3 NORTH CLOSE has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The January 2014 sale price of £436,500 represented a fair market value for the property.
• The size, condition, and specification of 3 NORTH CLOSE has not materially changed since January 2014.

How Large is 3 NORTH CLOSE?

3 NORTH CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of semi-detached houses houses in Chiswell Green, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chiswell Green, and where 3 NORTH CLOSE lies on this distribution: 30% of semi-detached houses houses are smaller than 3 NORTH CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chiswell Green.

3 NORTH CLOSE: Plot and Title Map

3 NORTH CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 3 NORTH 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 3 NORTH 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 3 NORTH CLOSE?

3 NORTH CLOSE is located in ST ALBANS, in the AL2 postcode district. The below map shows the position of No. 3 on NORTH CLOSE.