11, PENMAN CLOSE, ST ALBANS, AL2 3DJ - £445,000

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

11 PENMAN CLOSE is a large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £445,000 in July 2013, which was around 36% below the average July 2013 detached price in the St Albans local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

11 PENMAN CLOSE Sold Prices

Land registry data shows four sales for 11 PENMAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the four 11 PENMAN 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
2013 9 JUL	£445,000	£690,054	36% below HPI
2003 20 AUG	£395,000	£465,917	15% below HPI
1999 28 MAY	£180,000	£263,827	32% below HPI
1998 14 SEP	£155,000	£254,971	39% below HPI

11 PENMAN 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 four 11 PENMAN CLOSE sales between September 1998 and July 2013 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 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 11 PENMAN CLOSE?

11 PENMAN CLOSE is 151m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses in Chiswell Green, based on EPC data. The below chart shows the distribution of detached houses by size in Chiswell Green, and where 11 PENMAN CLOSE lies on this distribution: 62% of detached houses are smaller than 11 PENMAN CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Chiswell Green.

11 PENMAN CLOSE: Plot and Title Map

11 PENMAN CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 11 PENMAN 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 11 PENMAN 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 11 PENMAN CLOSE?

11 PENMAN CLOSE is located in ST. ALBANS, in the AL2 postcode district. The below map shows the position of No. 11 on PENMAN CLOSE.