4, RUNCIE CLOSE, ST ALBANS, AL4 9AX - £625,000

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 RUNCIE CLOSE is a very small extended semi-detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £757,765. It was last sold for £625,000 in December 2018, which was around 3% above the average December 2018 semi-detached price in the St Albans local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

4 RUNCIE CLOSE Sold Prices

Land registry data shows two sales for 4 RUNCIE 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. One of the two 4 RUNCIE CLOSE sales was for above the average price, whilst the other was 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
2018 14 DEC	£625,000	£605,288	3% above HPI
2017 21 SEP	£525,000	£643,166	18% below HPI

4 RUNCIE 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 4 RUNCIE CLOSE sales from September 2017 and December 2018 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 September 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 4 RUNCIE CLOSE be worth now?

4 RUNCIE CLOSE might now be worth an estimated £757,765.

This is based on house price inflation of 21.2%, between December 2018 and June 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 21.2% inflationary increase is applied to the most recent sale price for 4 RUNCIE CLOSE of £625,000 on 14th December 2018. For the value to have increased from £625,000 to £757,765 over the seven years and six months to June 2025, the following assumptions must hold true:

• The value of 4 RUNCIE CLOSE has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The December 2018 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RUNCIE CLOSE has not materially changed since December 2018.

How Large is 4 RUNCIE CLOSE?

4 RUNCIE CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of semi-detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in St Albans, and where 4 RUNCIE CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 4 RUNCIE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in St Albans.

4 RUNCIE CLOSE: Plot and Title Map

4 RUNCIE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 RUNCIE 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 RUNCIE 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 RUNCIE CLOSE?

4 RUNCIE CLOSE is located in ST ALBANS, in the AL4 postcode district. The below map shows the position of No. 4 on RUNCIE CLOSE.