3, AZALEA CLOSE, LONDON COLNEY, ST ALBANS, AL2 1UA - £730,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 AZALEA CLOSE is a large detached house of 138m², built sometime between 2003 and 2006, which could now be worth an estimated £897,659. It was last sold for £730,000 in June 2016, which was around 27% below the average June 2016 detached price in the St Albans local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

3 AZALEA CLOSE Sold Prices

Land registry data shows two sales for 3 AZALEA 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 3 AZALEA 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
2016 3 JUN	£730,000	£1,006,490	27% below HPI
2003 27 FEB	£445,950	£497,765	10% below HPI

3 AZALEA 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 3 AZALEA CLOSE sales from February 2003 and June 2016 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 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 AZALEA CLOSE be worth now?

3 AZALEA CLOSE might now be worth an estimated £897,659.

This is based on house price inflation of 23%, between June 2016 and February 2025, for detached houses, in the St Albans local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23% inflationary increase is applied to the most recent sale price for 3 AZALEA CLOSE of £730,000 on 3rd June 2016. For the value to have increased from £730,000 to £897,659 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 3 AZALEA CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The June 2016 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of 3 AZALEA CLOSE has not materially changed since June 2016.

How Large is 3 AZALEA CLOSE?

3 AZALEA CLOSE is 138m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses houses in London Colney, based on EPC data. The below chart shows the distribution of detached houses houses by size in London Colney, and where 3 AZALEA CLOSE lies on this distribution: 63% of detached houses houses are smaller than 3 AZALEA CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in London Colney.

3 AZALEA CLOSE: Plot and Title Map

3 AZALEA CLOSE sits on a plot of roughly 1.8 acres, or 7,191m². The below map shows the location of 3 AZALEA 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 3 AZALEA 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 3 AZALEA CLOSE?

3 AZALEA CLOSE is located in LONDON COLNEY, in the AL2 postcode district. The below map shows the position of No. 3 on AZALEA CLOSE.