15, GLEVUM CLOSE, ST ALBANS, AL3 4JN - £596,000

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.

15 GLEVUM CLOSE is a small extended detached house of 108m², built sometime between 1976 and 1982, which could now be worth an estimated £718,436. It was last sold for £596,000 in May 2017, which was around 42% below the average May 2017 detached price in the St Albans local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

15 GLEVUM CLOSE Sold Prices

Land registry data shows three sales for 15 GLEVUM 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. All of the three 15 GLEVUM 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
2017 18 MAY	£596,000	£1,026,730	42% below HPI
2004 11 AUG	£310,000	£527,512	41% below HPI
2000 2 NOV	£229,950	£372,961	38% below HPI

15 GLEVUM 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 15 GLEVUM CLOSE sales between November 2000 and May 2017 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 2004 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 15 GLEVUM CLOSE be worth now?

15 GLEVUM CLOSE might now be worth an estimated £718,436.

This is based on house price inflation of 20.5%, between May 2017 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 20.5% inflationary increase is applied to the most recent sale price for 15 GLEVUM CLOSE of £596,000 on 18th May 2017. For the value to have increased from £596,000 to £718,436 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 15 GLEVUM CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The May 2017 sale price of £596,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GLEVUM CLOSE has not materially changed since May 2017.

How Large is 15 GLEVUM CLOSE?

15 GLEVUM CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses houses by size in St Albans, and where 15 GLEVUM CLOSE lies on this distribution: 23% of detached houses houses are smaller than 15 GLEVUM CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in St Albans.

15 GLEVUM CLOSE: Plot and Title Map

15 GLEVUM CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 15 GLEVUM 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 15 GLEVUM 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 15 GLEVUM CLOSE?

15 GLEVUM CLOSE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 15 on GLEVUM CLOSE.