4, MILLER CLOSE, REDBOURN, ST ALBANS, AL3 7BG - £725,000

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.

4 MILLER CLOSE is a midsized terraced house of 139m², built sometime between 2003 and 2006, which could now be worth an estimated £831,136. It was last sold for £725,000 in June 2021, which was around 46% above the average June 2021 terraced price in the St Albans local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

4 MILLER CLOSE Sold Prices

Land registry data shows four sales for 4 MILLER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the St Albans local authority area for the corresponding sale date. All of the four 4 MILLER 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 14 JUN	£725,000	£496,384	46% above HPI
2012 12 JUL	£515,000	£329,903	56% above HPI
2011 25 FEB	£490,000	£309,111	59% above HPI
2005 23 JUN	£444,950	£237,523	87% above HPI

4 MILLER 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 four 4 MILLER CLOSE sales between June 2005 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 July 2012 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2021 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 4 MILLER CLOSE be worth now?

4 MILLER CLOSE might now be worth an estimated £831,136.

This is based on house price inflation of 14.6%, between June 2021 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 14.6% inflationary increase is applied to the most recent sale price for 4 MILLER CLOSE of £725,000 on 14th June 2021. For the value to have increased from £725,000 to £831,136 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 4 MILLER CLOSE has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The June 2021 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILLER CLOSE has not materially changed since June 2021.

How Large is 4 MILLER CLOSE?

4 MILLER CLOSE is 139m² according to the EPC inspection conducted in October 2010. This puts it in the largest 50% of terraced houses houses in Redbourn, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redbourn, and where 4 MILLER CLOSE lies on this distribution: 52% of terraced houses houses are smaller than 4 MILLER CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Redbourn.

4 MILLER CLOSE: Plot and Title Map

4 MILLER CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 4 MILLER 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 4 MILLER 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 4 MILLER CLOSE?

4 MILLER CLOSE is located in REDBOURN, in the AL3 postcode district. The below map shows the position of No. 4 on MILLER CLOSE.