2, MAY CLOSE, ST ALBANS, AL3 5RG - £1,231,645

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 MAY CLOSE is a midsized detached house of 149m², built sometime between 1967 and 1975. It was last sold for £1,231,645 in December 2020, which was around 22% above the average December 2020 detached price in the St Albans local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

2 MAY CLOSE Sold Prices

Land registry data shows two sales for 2 MAY 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. One of the two 2 MAY CLOSE sales was for above the average price, whilst the other was 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 4 DEC	£1,231,645	£1,005,873	22% above HPI
2009 6 FEB	£500,000	£541,089	8% below HPI

2 MAY 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 2 MAY CLOSE sales from February 2009 and December 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 February 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 2 MAY CLOSE?

2 MAY CLOSE is 149m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% 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 MAY CLOSE lies on this distribution: 57% of detached houses are smaller than 2 MAY CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in St Albans.

2 MAY CLOSE: Plot and Title Map

2 MAY CLOSE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 2 MAY 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 MAY 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 MAY CLOSE?

2 MAY CLOSE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 2 on MAY CLOSE.