8, VALE CLOSE, HARPENDEN, AL5 3LX - £790,000

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.

8 VALE CLOSE is a very small extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £780,831. It was last sold for £790,000 in August 2022, which was around 35% below the average August 2022 detached price in the St Albans local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

8 VALE CLOSE Sold Prices

Land registry data shows four sales for 8 VALE 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 VALE 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
2022 12 AUG	£790,000	£1,206,280	35% below HPI
2014 12 JUN	£578,000	£801,506	28% below HPI
2007 2 AUG	£430,000	£655,214	34% below HPI
2003 11 APR	£359,950	£498,993	28% below HPI

8 VALE 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 VALE CLOSE sales between April 2003 and August 2022 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 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 8 VALE CLOSE be worth now?

8 VALE CLOSE might now be worth an estimated £780,831.

This is based on house price deflation of 1.2%, between August 2022 and June 2025, for 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 1.2% deflationary decrease is applied to the most recent sale price for 8 VALE CLOSE of £790,000 on 12th August 2022. For the value to have decreased from £790,000 to £780,831 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 8 VALE CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The August 2022 sale price of £790,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VALE CLOSE has not materially changed since August 2022.

How Large is 8 VALE CLOSE?

8 VALE CLOSE is 115m², which includes three extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harpenden, and where 8 VALE CLOSE lies on this distribution: 16% of detached houses houses are smaller than 8 VALE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

8 VALE CLOSE: Plot and Title Map

8 VALE CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 8 VALE 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 VALE 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 VALE CLOSE?

8 VALE CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 8 on VALE CLOSE.