2, IVORY CLOSE, ST ALBANS, AL4 0GU - £875,000

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

2 IVORY CLOSE is a small extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £875,000 in July 2020, which was around 9% below the average July 2020 detached price in the St Albans local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

2 IVORY CLOSE Sold Prices

Land registry data shows four sales for 2 IVORY CLOSE 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. Most of the four 2 IVORY 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
2020 2 JUL	£875,000	£964,528	9% below HPI
2006 21 MAR	£470,000	£513,718	9% below HPI
2001 28 SEP	£373,000	£382,015	2% below HPI
1998 18 DEC	£285,000	£252,038	13% above HPI

2 IVORY 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 four 2 IVORY CLOSE sales between December 1998 and July 2020 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2020 sale, which was also at 9% below the HPI.

How Large is 2 IVORY CLOSE?

2 IVORY CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% 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 IVORY CLOSE lies on this distribution: 35% of detached houses are smaller than 2 IVORY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in St Albans.

2 IVORY CLOSE: Plot and Title Map

2 IVORY CLOSE sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 2 IVORY 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 IVORY 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 2 IVORY CLOSE?

2 IVORY CLOSE is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 2 on IVORY CLOSE.