5, GRESFORD CLOSE, ST ALBANS, AL4 0UB - £520,000

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.

5 GRESFORD CLOSE is a large terraced house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £619,823. It was last sold for £520,000 in March 2017, which was around 9% above the average March 2017 terraced price in the St Albans local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

5 GRESFORD CLOSE Sold Prices

Land registry data shows one sale for 5 GRESFORD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the St Albans local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 17 MAR	£520,000	£477,406	9% above HPI

What might 5 GRESFORD CLOSE be worth now?

5 GRESFORD CLOSE might now be worth an estimated £619,823.

This is based on house price inflation of 19.2%, between March 2017 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 19.2% inflationary increase is applied to the most recent sale price for 5 GRESFORD CLOSE of £520,000 on 17th March 2017. For the value to have increased from £520,000 to £619,823 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 GRESFORD CLOSE has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The March 2017 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRESFORD CLOSE has not materially changed since March 2017.

How Large is 5 GRESFORD CLOSE?

5 GRESFORD CLOSE is 94m² according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of terraced houses in St Albans, based on EPC data. The below chart shows the distribution of terraced houses by size in St Albans, and where 5 GRESFORD CLOSE lies on this distribution: 66% of terraced houses are smaller than 5 GRESFORD CLOSE, and 33% of terraced houses are larger. Note that EPC data is not available for all properties in St Albans.

5 GRESFORD CLOSE: Plot

5 GRESFORD CLOSE sits on a plot of roughly 0.059 of an acre, or 237m².

Where is 5 GRESFORD CLOSE?

5 GRESFORD CLOSE is located in ST ALBANS, in the AL4 postcode district.