25, GRESFORD CLOSE, ST ALBANS, AL4 0UB - £417,000

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

25 GRESFORD CLOSE is a very small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £417,000 in March 2012, which was around 36% below the average March 2012 detached price in the St Albans local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

25 GRESFORD CLOSE Sold Prices

Land registry data shows two sales for 25 GRESFORD 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 25 GRESFORD 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
2012 23 MAR	£417,000	£649,712	36% below HPI
1996 26 JUL	£126,000	£179,259	30% below HPI

25 GRESFORD 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 25 GRESFORD CLOSE sales from July 1996 and March 2012 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 July 1996 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2012 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 25 GRESFORD CLOSE?

25 GRESFORD CLOSE is 95m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% 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 25 GRESFORD CLOSE lies on this distribution: 13% of detached houses are smaller than 25 GRESFORD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in St Albans.

25 GRESFORD CLOSE: Plot and Title Map

25 GRESFORD CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 25 GRESFORD 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 25 GRESFORD 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 25 GRESFORD CLOSE?

25 GRESFORD CLOSE is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 25 on GRESFORD CLOSE.