15, PENNY CROFT, HARPENDEN, AL5 2PD - £1,465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 PENNY CROFT is a large extended detached house of 220m², built sometime between 1967 and 1975, which could now be worth an estimated £1,555,597. It was last sold for £1,465,000 in June 2024, which was around 26% above the average June 2024 detached price in the St Albans local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

15 PENNY CROFT Sold Prices

Land registry data shows four sales for 15 PENNY CROFT 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 PENNY CROFT 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
2024 28 JUN	£1,465,000	£1,165,570	26% above HPI
2001 5 JUL	£625,000	£395,635	58% above HPI
2000 21 DEC	£540,000	£367,763	47% above HPI
1998 4 AUG	£315,000	£267,979	18% above HPI

15 PENNY CROFT 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 PENNY CROFT sales between August 1998 and June 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 July 2001 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2024 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 15 PENNY CROFT be worth now?

15 PENNY CROFT might now be worth an estimated £1,555,597.

This is based on house price inflation of 6.2%, between June 2024 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 6.2% inflationary increase is applied to the most recent sale price for 15 PENNY CROFT of £1,465,000 on 28th June 2024. For the value to have increased from £1,465,000 to £1,555,597 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 15 PENNY CROFT has moved in line with the HPI for detached houses in the St Albans local authority area.
• The June 2024 sale price of £1,465,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PENNY CROFT has not materially changed since June 2024.

How Large is 15 PENNY CROFT?

15 PENNY CROFT is 220m², which includes three extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harpenden, and where 15 PENNY CROFT lies on this distribution: 73% of detached houses houses are smaller than 15 PENNY CROFT, and 27% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

15 PENNY CROFT: Plot and Title Map

15 PENNY CROFT sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of 15 PENNY CROFT, 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 PENNY CROFT). 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 PENNY CROFT?

15 PENNY CROFT is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 15 on PENNY CROFT.