18, TOVEY CLOSE, LONDON COLNEY, ST ALBANS, AL2 1LF - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 TOVEY CLOSE is a very small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £335,000 in April 2010, which was around 46% below the average April 2010 detached price in the St Albans local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

18 TOVEY CLOSE Sold Prices

Land registry data shows two sales for 18 TOVEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Both of the two 18 TOVEY 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
2010 6 APR	£335,000	£619,162	46% below HPI
1999 12 FEB	£174,000	£255,014	32% below HPI

18 TOVEY 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 two 18 TOVEY CLOSE sales from February 1999 and April 2010 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 February 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2010 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 18 TOVEY CLOSE?

18 TOVEY CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses in London Colney, based on EPC data. The below chart shows the distribution of detached houses by size in London Colney, and where 18 TOVEY CLOSE lies on this distribution: 17% of detached houses are smaller than 18 TOVEY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in London Colney.

18 TOVEY CLOSE: Plot and Title Map

18 TOVEY CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 18 TOVEY 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 18 TOVEY 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 18 TOVEY CLOSE?

18 TOVEY CLOSE is located in LONDON COLNEY, in the AL2 postcode district. The below map shows the position of No. 18 on TOVEY CLOSE.