15, PENMAN CLOSE, ST ALBANS, AL2 3DJ - £800,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 PENMAN CLOSE is a very large extended detached house of 187m², built sometime between 1967 and 1975. It was last sold for £800,000 in July 2024, which was around 30% below the average July 2024 detached price in the St Albans local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

15 PENMAN CLOSE Sold Prices

Land registry data shows four sales for 15 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 15 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
2024 29 JUL	£800,000	£1,137,295	30% below HPI
2020 14 AUG	£760,000	£984,755	23% below HPI
2011 8 JUN	£495,000	£642,008	23% below HPI
1998 24 JUL	£190,000	£250,171	24% below HPI

15 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 15 PENMAN CLOSE sales between July 1998 and July 2024 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 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 PENMAN CLOSE?

15 PENMAN CLOSE is 187m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% 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 15 PENMAN CLOSE lies on this distribution: 83% of detached houses are smaller than 15 PENMAN CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chiswell Green.

15 PENMAN CLOSE: Plot and Title Map

15 PENMAN CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 15 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 15 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 15 PENMAN CLOSE?

15 PENMAN CLOSE is located in ST. ALBANS, in the AL2 postcode district. The below map shows the position of No. 15 on PENMAN CLOSE.