9, CHAUCER CLOSE, ST ALBANS, AL1 4FJ - £550,000

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.

9 CHAUCER CLOSE is a very small extended terraced house of 92m², built sometime between 2003 and 2006, which could now be worth an estimated £831,924. It was last sold for £550,000 in June 2014, which was around 49% above the average June 2014 terraced price in the St Albans local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

9 CHAUCER CLOSE Sold Prices

Land registry data shows three sales for 9 CHAUCER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the St Albans local authority area for the corresponding sale date. All of the three 9 CHAUCER CLOSE sales were for above 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
2014 9 JUN	£550,000	£369,505	49% above HPI
2011 10 OCT	£468,000	£313,051	49% above HPI
2009 22 JUN	£340,000	£255,640	33% above HPI

9 CHAUCER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the St Albans local authority area over time, sourced from the HPI. The three 9 CHAUCER CLOSE sales between June 2009 and June 2014 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 October 2011 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the June 2014 sale, which was also at 49% above the HPI.

What might 9 CHAUCER CLOSE be worth now?

9 CHAUCER CLOSE might now be worth an estimated £831,924.

This is based on house price inflation of 51.3%, between June 2014 and October 2025, 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 51.3% inflationary increase is applied to the most recent sale price for 9 CHAUCER CLOSE of £550,000 on 9th June 2014. For the value to have increased from £550,000 to £831,924 over the ten years and eight months to October 2025, the following assumptions must hold true:

• The value of 9 CHAUCER CLOSE has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The June 2014 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHAUCER CLOSE has not materially changed since June 2014.

How Large is 9 CHAUCER CLOSE?

9 CHAUCER CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of terraced houses houses in St Albans, based on EPC data. The below chart shows the distribution of terraced houses houses by size in St Albans, and where 9 CHAUCER CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 9 CHAUCER CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in St Albans.

9 CHAUCER CLOSE: Plot and Title Map

9 CHAUCER CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 9 CHAUCER 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 9 CHAUCER 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 9 CHAUCER CLOSE?

9 CHAUCER CLOSE is located in ST ALBANS, in the AL1 postcode district. The below map shows the position of No. 9 on CHAUCER CLOSE.