15, HOLBORN CLOSE, ST ALBANS, AL4 9YG - £397,500

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 HOLBORN CLOSE is a very small detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £698,170. It was last sold for £397,500 in February 2011, which was around 44% below the average February 2011 detached price in the St Albans local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

15 HOLBORN CLOSE Sold Prices

Land registry data shows three sales for 15 HOLBORN 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 HOLBORN 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
2011 10 FEB	£397,500	£704,651	44% below HPI
2005 6 JAN	£287,500	£527,700	46% below HPI
2001 18 APR	£249,950	£388,384	36% below HPI

15 HOLBORN 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 HOLBORN CLOSE sales between April 2001 and February 2011 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 January 2005 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2011 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 15 HOLBORN CLOSE be worth now?

15 HOLBORN CLOSE might now be worth an estimated £698,170.

This is based on house price inflation of 75.6%, between February 2011 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 75.6% inflationary increase is applied to the most recent sale price for 15 HOLBORN CLOSE of £397,500 on 10th February 2011. For the value to have increased from £397,500 to £698,170 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 15 HOLBORN CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The February 2011 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 15 HOLBORN CLOSE has not materially changed since February 2011.

How Large is 15 HOLBORN CLOSE?

15 HOLBORN CLOSE is 87m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% 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 HOLBORN CLOSE lies on this distribution: 8% of detached houses houses are smaller than 15 HOLBORN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in St Albans.

15 HOLBORN CLOSE: Plot and Title Map

15 HOLBORN CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 15 HOLBORN 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 HOLBORN 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 HOLBORN CLOSE?

15 HOLBORN CLOSE is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 15 on HOLBORN CLOSE.