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
2 GRAFTON CLOSE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £469,950 in November 2013, which was around 33% below the average November 2013 detached price in the St Albans local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 2 GRAFTON CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the five 2 GRAFTON 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 |
---|---|---|---|
2013 22 NOV | £469,950 | £705,123 | 33% below HPI |
2011 4 MAY | £390,000 | £647,821 | 40% below HPI |
2005 9 DEC | £355,500 | £507,835 | 30% below HPI |
2000 11 FEB | £205,000 | £317,418 | 35% below HPI |
1997 17 JUL | £182,000 | £215,958 | 16% below HPI |
The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The five 2 GRAFTON CLOSE sales between July 1997 and November 2013 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 May 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2013 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
2 GRAFTON CLOSE is 89m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses by size in St Albans, and where 2 GRAFTON CLOSE lies on this distribution: 10% of detached houses are smaller than 2 GRAFTON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in St Albans.
2 GRAFTON CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 2 GRAFTON 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 2 GRAFTON 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.
2 GRAFTON CLOSE is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 2 on GRAFTON CLOSE.