10, MAGNA CLOSE, HARPENDEN, AL5 1RH - £820,000

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.

10 MAGNA CLOSE is a small detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £868,021. It was last sold for £820,000 in February 2022, which was around 30% below the average February 2022 detached price in the St Albans local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

10 MAGNA CLOSE Sold Prices

Land registry data shows two sales for 10 MAGNA 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 10 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
2022 28 FEB	£820,000	£1,169,180	30% below HPI
2015 31 JUL	£600,000	£893,944	33% below HPI

10 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 two 10 MAGNA CLOSE sales from July 2015 and February 2022 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 July 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 10 MAGNA CLOSE be worth now?

10 MAGNA CLOSE might now be worth an estimated £868,021.

This is based on house price inflation of 5.9%, between February 2022 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 5.9% inflationary increase is applied to the most recent sale price for 10 MAGNA CLOSE of £820,000 on 28th February 2022. For the value to have increased from £820,000 to £868,021 over the three years to February 2025, the following assumptions must hold true:

• The value of 10 MAGNA CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The February 2022 sale price of £820,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MAGNA CLOSE has not materially changed since February 2022.

How Large is 10 MAGNA CLOSE?

10 MAGNA CLOSE is 132m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% 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 10 MAGNA CLOSE lies on this distribution: 28% of detached houses houses are smaller than 10 MAGNA CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

10 MAGNA CLOSE: Plot and Title Map

10 MAGNA CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 10 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 10 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 10 MAGNA CLOSE?

10 MAGNA CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 10 on MAGNA CLOSE.