1, MAGNA CLOSE, HARPENDEN, AL5 1RH - £545,000

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 MAGNA CLOSE is a midsized extended detached house of 154m², built sometime between 1976 and 1982. It was last sold for £545,000 in August 2011, which was around 16% below the average August 2011 detached price in the St Albans local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

1 MAGNA CLOSE Sold Prices

Land registry data shows three sales for 1 MAGNA 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 1 MAGNA 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 8 AUG	£545,000	£652,285	16% below HPI
2004 18 NOV	£450,000	£500,349	10% below HPI
1995 26 MAY	£115,000	£174,088	34% below HPI

1 MAGNA 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 1 MAGNA CLOSE sales between May 1995 and August 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 November 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2011 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 MAGNA CLOSE?

1 MAGNA CLOSE is 154m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of detached houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses by size in Harpenden, and where 1 MAGNA CLOSE lies on this distribution: 44% of detached houses are smaller than 1 MAGNA CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

1 MAGNA CLOSE: Plot and Title Map

1 MAGNA CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1 MAGNA 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 MAGNA 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 MAGNA CLOSE?

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