1, HANCROSS CLOSE, BRICKET WOOD, ST ALBANS, AL2 3BX - £535,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HANCROSS CLOSE is a very small detached house of 30m², built sometime between 2003 and 2006. It was last sold for £535,000 in December 2019, which was around 45% below the average December 2019 detached price in the St Albans local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

1 HANCROSS CLOSE Sold Prices

Land registry data shows two sales for 1 HANCROSS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Both of the two 1 HANCROSS 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
2019 18 DEC	£535,000	£970,363	45% below HPI
2007 14 SEP	£321,000	£618,149	48% below HPI

1 HANCROSS 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 two 1 HANCROSS CLOSE sales from September 2007 and December 2019 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 2007 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2019 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 1 HANCROSS CLOSE?

1 HANCROSS CLOSE is 30m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Bricket Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Bricket Wood, and where 1 HANCROSS CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 1 HANCROSS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bricket Wood.

1 HANCROSS CLOSE: Plot and Title Map

1 HANCROSS CLOSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 1 HANCROSS 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 HANCROSS 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 HANCROSS CLOSE?

1 HANCROSS CLOSE is located in BRICKET WOOD, in the AL2 postcode district. The below map shows the position of No. 1 on HANCROSS CLOSE.