15, VALLANCE PLACE, HARPENDEN, AL5 1AX - £315,000

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 VALLANCE PLACE is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £551,161. It was last sold for £315,000 in September 2011, which was around 56% below the average September 2011 detached price in the St Albans local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

15 VALLANCE PLACE Sold Prices

Land registry data shows four sales for 15 VALLANCE PLACE 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 VALLANCE PLACE 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 30 SEP	£315,000	£711,275	56% below HPI
2006 31 MAR	£295,000	£546,964	46% below HPI
2004 15 NOV	£267,500	£532,730	50% below HPI
2000 6 JUL	£180,000	£367,122	51% below HPI

15 VALLANCE PLACE 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 VALLANCE PLACE sales between July 2000 and September 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 March 2006 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2011 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 15 VALLANCE PLACE be worth now?

15 VALLANCE PLACE might now be worth an estimated £551,161.

This is based on house price inflation of 75%, between September 2011 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 75% inflationary increase is applied to the most recent sale price for 15 VALLANCE PLACE of £315,000 on 30th September 2011. For the value to have increased from £315,000 to £551,161 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 15 VALLANCE PLACE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The September 2011 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 15 VALLANCE PLACE has not materially changed since September 2011.

How Large is 15 VALLANCE PLACE?

15 VALLANCE PLACE is 62m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% 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 VALLANCE PLACE lies on this distribution: Less than 1% of detached houses houses are smaller than 15 VALLANCE PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

15 VALLANCE PLACE: Plot and Title Map

15 VALLANCE PLACE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 15 VALLANCE PLACE, 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 VALLANCE PLACE). 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 VALLANCE PLACE?

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