3, MORAN CLOSE, BRICKET WOOD, ST ALBANS, AL2 3YT - £750,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MORAN CLOSE is a large detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £783,735. It was last sold for £750,000 in March 2022, which was around 37% below the average March 2022 detached price in the St Albans local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.

3 MORAN CLOSE Sold Prices

Land registry data shows three sales for 3 MORAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the three 3 MORAN 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
2022 11 MAR	£750,000	£1,190,960	37% below HPI
2001 18 JUL	£270,000	£395,635	32% below HPI
1998 29 APR	£210,000	£254,733	18% below HPI

3 MORAN 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 three 3 MORAN CLOSE sales between April 1998 and March 2022 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 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 MORAN CLOSE be worth now?

3 MORAN CLOSE might now be worth an estimated £783,735.

This is based on house price inflation of 4.5%, between March 2022 and December 2024, 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 4.5% inflationary increase is applied to the most recent sale price for 3 MORAN CLOSE of £750,000 on 11th March 2022. For the value to have increased from £750,000 to £783,735 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 3 MORAN CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The March 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MORAN CLOSE has not materially changed since March 2022.

How Large is 3 MORAN CLOSE?

3 MORAN CLOSE is 141m² according to the EPC inspection conducted in September 2021. This puts it in the largest 40% of detached houses houses in Bricket Wood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bricket Wood, and where 3 MORAN CLOSE lies on this distribution: 61% of detached houses houses are smaller than 3 MORAN CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Bricket Wood.

3 MORAN CLOSE: Plot and Title Map

3 MORAN CLOSE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 3 MORAN 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 MORAN 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 MORAN CLOSE?

3 MORAN CLOSE is located in BRICKET WOOD, in the AL2 postcode district. The below map shows the position of No. 3 on MORAN CLOSE.