15, VALE CLOSE, HARPENDEN, AL5 3LX - £620,000

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 VALE CLOSE is a very small extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £752,158. It was last sold for £620,000 in November 2016, which was around 40% below the average November 2016 detached price in the St Albans local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

15 VALE CLOSE Sold Prices

Land registry data shows three sales for 15 VALE 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 VALE 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
2016 4 NOV	£620,000	£1,025,860	40% below HPI
2004 8 OCT	£380,500	£537,414	29% below HPI
2002 28 JUN	£295,000	£446,139	34% below HPI

15 VALE 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 VALE CLOSE sales between June 2002 and November 2016 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 October 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 15 VALE CLOSE be worth now?

15 VALE CLOSE might now be worth an estimated £752,158.

This is based on house price inflation of 21.3%, between November 2016 and December 2024, 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 21.3% inflationary increase is applied to the most recent sale price for 15 VALE CLOSE of £620,000 on 4th November 2016. For the value to have increased from £620,000 to £752,158 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 15 VALE CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The November 2016 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 15 VALE CLOSE has not materially changed since November 2016.

How Large is 15 VALE CLOSE?

15 VALE CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% 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 VALE CLOSE lies on this distribution: 13% of detached houses houses are smaller than 15 VALE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

15 VALE CLOSE: Plot and Title Map

15 VALE CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 15 VALE 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 VALE 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 VALE CLOSE?

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