14, PALFREY CLOSE, ST. ALBANS, AL3 5RE - £495,000

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.

14 PALFREY CLOSE is a small extended semi-detached house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £1,167,575. It was last sold for £495,000 in August 2004, which was around 55% above the average August 2004 semi-detached price in the St Albans local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was E.

14 PALFREY CLOSE Sold Prices

Land registry data shows two sales for 14 PALFREY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the St Albans local authority area for the corresponding sale date. Both of the two 14 PALFREY CLOSE sales were for above 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
2004 6 AUG	£495,000	£319,470	55% above HPI
2000 14 APR	£300,000	£198,102	51% above HPI

14 PALFREY CLOSE 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 two 14 PALFREY CLOSE sales from April 2000 and August 2004 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 April 2000 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2004 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 14 PALFREY CLOSE be worth now?

14 PALFREY CLOSE might now be worth an estimated £1,167,575.

This is based on house price inflation of 135.9%, between August 2004 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 135.9% inflationary increase is applied to the most recent sale price for 14 PALFREY CLOSE of £495,000 on 6th August 2004. For the value to have increased from £495,000 to £1,167,575 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of 14 PALFREY CLOSE has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The August 2004 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PALFREY CLOSE has not materially changed since August 2004.

How Large is 14 PALFREY CLOSE?

14 PALFREY CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of semi-detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in St Albans, and where 14 PALFREY CLOSE lies on this distribution: 37% of semi-detached houses houses are smaller than 14 PALFREY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in St Albans.

14 PALFREY CLOSE: Plot and Title Map

14 PALFREY CLOSE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 14 PALFREY 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 14 PALFREY 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 14 PALFREY CLOSE?

14 PALFREY CLOSE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 14 on PALFREY CLOSE.