8, TOVEY CLOSE, LONDON COLNEY, ST ALBANS, AL2 1LF - £295,000

8 TOVEY CLOSE is a very small extended detached house of 68m², built sometime between 1991 and 1995. It was last sold for £295,000 in October 2011, which was around 56% below the average October 2011 detached price in the St Albans local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

8 TOVEY CLOSE Sold Prices

Land registry data shows three sales for 8 TOVEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the three 8 TOVEY 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
2011 7 OCT	£295,000	£663,237	56% below HPI
2005 17 AUG	£268,000	£498,276	46% below HPI
1999 29 MAR	£134,000	£258,212	48% below HPI

8 TOVEY 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 three 8 TOVEY CLOSE sales between March 1999 and October 2011 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 August 2005 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2011 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 8 TOVEY CLOSE?

8 TOVEY CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in London Colney, based on EPC data. The below chart shows the distribution of detached houses by size in London Colney, and where 8 TOVEY CLOSE lies on this distribution: 3% of detached houses are smaller than 8 TOVEY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in London Colney.

8 TOVEY CLOSE: Plot and Title Map

8 TOVEY CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 8 TOVEY 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 TOVEY 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 TOVEY CLOSE?

8 TOVEY CLOSE is located in LONDON COLNEY, in the AL2 postcode district. The below map shows the position of No. 8 on TOVEY CLOSE.