8, GRAFTON CLOSE, ST ALBANS, AL4 0EX - £557,000

8 GRAFTON CLOSE is a very small detached house of 103m², built sometime between 1991 and 1995. It was last sold for £557,000 in January 2015, which was around 33% below the average January 2015 detached price in the St Albans local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

8 GRAFTON CLOSE Sold Prices

Land registry data shows four sales for 8 GRAFTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the four 8 GRAFTON 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
2015 22 JAN	£557,000	£825,859	33% below HPI
2009 6 FEB	£360,000	£541,089	33% below HPI
2006 21 APR	£385,000	£515,184	25% below HPI
1999 9 JUL	£219,950	£276,584	20% below HPI

8 GRAFTON 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 four 8 GRAFTON CLOSE sales between July 1999 and January 2015 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 February 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2015 sale, which was also at 33% below the HPI.

How Large is 8 GRAFTON CLOSE?

8 GRAFTON CLOSE is 103m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% 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 8 GRAFTON CLOSE lies on this distribution: 18% of detached houses are smaller than 8 GRAFTON CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in St Albans.

8 GRAFTON CLOSE: Plot and Title Map

8 GRAFTON CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 GRAFTON 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 8 GRAFTON 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 8 GRAFTON CLOSE?

8 GRAFTON CLOSE is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 8 on GRAFTON CLOSE.