1, GREEN LANE CLOSE, HARPENDEN, AL5 1NF - £1,625,000

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.

1 GREEN LANE CLOSE is a very large extended detached house of 254m², built sometime between 1930 and 1949, which could now be worth an estimated £1,958,402. It was last sold for £1,625,000 in July 2020, which was around 58% above the average July 2020 detached price in the St Albans local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

1 GREEN LANE CLOSE Sold Prices

Land registry data shows four sales for 1 GREEN LANE 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 1 GREEN LANE 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
2020 10 JUL	£1,625,000	£1,026,950	58% above HPI
2015 25 SEP	£1,450,000	£936,888	55% above HPI
2010 26 JUL	£1,105,000	£671,263	65% above HPI
2001 25 MAY	£445,000	£391,858	14% above HPI

1 GREEN LANE 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 1 GREEN LANE CLOSE sales between May 2001 and July 2020 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 September 2015 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the July 2020 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 1 GREEN LANE CLOSE be worth now?

1 GREEN LANE CLOSE might now be worth an estimated £1,958,402.

This is based on house price inflation of 20.5%, between July 2020 and February 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 20.5% inflationary increase is applied to the most recent sale price for 1 GREEN LANE CLOSE of £1,625,000 on 10th July 2020. For the value to have increased from £1,625,000 to £1,958,402 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 GREEN LANE CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The July 2020 sale price of £1,625,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREEN LANE CLOSE has not materially changed since July 2020.

How Large is 1 GREEN LANE CLOSE?

1 GREEN LANE CLOSE is 254m², which includes four extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 1 GREEN LANE CLOSE lies on this distribution: 82% of detached houses houses are smaller than 1 GREEN LANE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

1 GREEN LANE CLOSE: Plot and Title Map

1 GREEN LANE CLOSE sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of 1 GREEN LANE 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 1 GREEN LANE 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 1 GREEN LANE CLOSE?

1 GREEN LANE CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 1 on GREEN LANE CLOSE.