1, THE CLOSE, HARPENDEN, AL5 3NB - £887,500

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 THE CLOSE is a midsized extended semi-detached house of 174m², built sometime from 2012 onwards. It was last sold for £887,500 in July 2015, which was around 6% above the average July 2015 detached price in the St Albans local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

1 THE CLOSE Sold Prices

Land registry data shows three sales for 1 THE 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. Two of the three 1 THE CLOSE sales were for above the average price, whilst one was 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
2015 9 JUL	£887,500	£839,608	6% above HPI
2009 7 AUG	£665,000	£541,749	23% above HPI
2005 21 NOV	£210,000	£509,998	59% below HPI

1 THE 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 THE CLOSE sales between November 2005 and July 2015 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 August 2009 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2015 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 1 THE CLOSE?

1 THE CLOSE is 174m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 THE CLOSE lies on this distribution: 54% of detached houses are smaller than 1 THE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

1 THE CLOSE: Plot and Title Map

1 THE CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 1 THE 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 THE 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 THE CLOSE?

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