1, VALLANCE PLACE, HARPENDEN, AL5 1AX - £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.

1 VALLANCE PLACE is a very small semi-detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £653,011. It was last sold for £550,000 in April 2018, which was around 13% below the average April 2018 semi-detached price in the St Albans local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

1 VALLANCE PLACE Sold Prices

Land registry data shows four sales for 1 VALLANCE PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the St Albans local authority area for the corresponding sale date. All of the four 1 VALLANCE PLACE 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
2018 6 APR	£550,000	£634,676	13% below HPI
2016 8 FEB	£470,000	£589,752	20% below HPI
2003 3 MAR	£285,000	£289,860	2% below HPI
2002 12 JUL	£250,000	£261,083	4% below HPI

1 VALLANCE PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the St Albans local authority area over time, sourced from the HPI. The four 1 VALLANCE PLACE sales between July 2002 and April 2018 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 February 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 VALLANCE PLACE be worth now?

1 VALLANCE PLACE might now be worth an estimated £653,011.

This is based on house price inflation of 18.7%, between April 2018 and February 2025, for semi-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 18.7% inflationary increase is applied to the most recent sale price for 1 VALLANCE PLACE of £550,000 on 6th April 2018. For the value to have increased from £550,000 to £653,011 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 1 VALLANCE PLACE has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The April 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VALLANCE PLACE has not materially changed since April 2018.

How Large is 1 VALLANCE PLACE?

1 VALLANCE PLACE is 78m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of semi-detached houses houses in Harpenden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Harpenden, and where 1 VALLANCE PLACE lies on this distribution: 2% of semi-detached houses houses are smaller than 1 VALLANCE PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

1 VALLANCE PLACE: Plot and Title Map

1 VALLANCE PLACE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 1 VALLANCE PLACE, 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 VALLANCE PLACE). 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 VALLANCE PLACE?

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