21, PENMAN CLOSE, ST ALBANS, AL2 3DJ - £430,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

21 PENMAN CLOSE is a midsized extended detached house of 136m², built sometime between 1976 and 1982. It was last sold for £430,000 in October 2011, which was around 35% below the average October 2011 detached price in the St Albans local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

21 PENMAN CLOSE Sold Prices

Land registry data shows two sales for 21 PENMAN 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 21 PENMAN 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
2011 28 OCT	£430,000	£663,237	35% below HPI
1996 13 DEC	£160,000	£190,180	16% below HPI

21 PENMAN 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 21 PENMAN CLOSE sales from December 1996 and October 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 December 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2011 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 21 PENMAN CLOSE?

21 PENMAN CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of detached houses in Chiswell Green, based on EPC data. The below chart shows the distribution of detached houses by size in Chiswell Green, and where 21 PENMAN CLOSE lies on this distribution: 50% of detached houses are smaller than 21 PENMAN CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Chiswell Green.

21 PENMAN CLOSE: Plot and Title Map

21 PENMAN CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 21 PENMAN 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 21 PENMAN 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 21 PENMAN CLOSE?

21 PENMAN CLOSE is located in ST. ALBANS, in the AL2 postcode district. The below map shows the position of No. 21 on PENMAN CLOSE.