5, REDWOOD CLOSE, ST ALBANS, AL1 5FP - £880,000

5 REDWOOD CLOSE is a midsized detached house of 131m², built sometime from 2007 onwards. It was last sold for £880,000 in February 2021, which was around 15% below the average February 2021 detached price in the St Albans local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

5 REDWOOD CLOSE Sold Prices

Land registry data shows two sales for 5 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Both of the two 5 REDWOOD 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
2021 19 FEB	£880,000	£1,032,114	15% below HPI
2010 15 JUN	£540,000	£633,854	15% below HPI

5 REDWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The two 5 REDWOOD CLOSE sales from June 2010 and February 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 June 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2021 sale, which was also at 15% below the HPI.

How Large is 5 REDWOOD CLOSE?

5 REDWOOD CLOSE is 131m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses by size in St Albans, and where 5 REDWOOD CLOSE lies on this distribution: 45% of detached houses are smaller than 5 REDWOOD CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in St Albans.

5 REDWOOD CLOSE: Plot and Title Map

5 REDWOOD CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 5 REDWOOD 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 5 REDWOOD 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 5 REDWOOD CLOSE?

5 REDWOOD CLOSE is located in ST ALBANS, in the AL1 postcode district. The below map shows the position of No. 5 on REDWOOD CLOSE.