3, FOVANT CLOSE, HARPENDEN, AL5 1RN - £525,000

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 FOVANT CLOSE is a very small detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £651,682. It was last sold for £525,000 in May 2016, which was around 47% below the average May 2016 detached price in the St Albans local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

3 FOVANT CLOSE Sold Prices

Land registry data shows two sales for 3 FOVANT 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 FOVANT 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 31 MAY	£525,000	£997,061	47% below HPI
2014 16 JUL	£412,500	£813,842	49% below HPI

3 FOVANT 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 FOVANT CLOSE sales from July 2014 and May 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 July 2014 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2016 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 3 FOVANT CLOSE be worth now?

3 FOVANT CLOSE might now be worth an estimated £651,682.

This is based on house price inflation of 24.1%, between May 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 24.1% inflationary increase is applied to the most recent sale price for 3 FOVANT CLOSE of £525,000 on 31st May 2016. For the value to have increased from £525,000 to £651,682 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 3 FOVANT CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The May 2016 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FOVANT CLOSE has not materially changed since May 2016.

How Large is 3 FOVANT CLOSE?

3 FOVANT CLOSE is 82m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harpenden, and where 3 FOVANT CLOSE lies on this distribution: 2% of detached houses houses are smaller than 3 FOVANT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

3 FOVANT CLOSE: Plot and Title Map

3 FOVANT CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 3 FOVANT 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 FOVANT 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 FOVANT CLOSE?

3 FOVANT CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 3 on FOVANT CLOSE.