3, OAKVIEW CLOSE, HARPENDEN, AL5 2PP - £1,320,000

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 OAKVIEW CLOSE is a large detached house of 207m², built sometime between 1996 and 2002, which could now be worth an estimated £2,080,677. It was last sold for £1,320,000 in April 2014, which was around 68% above the average April 2014 detached price in the St Albans local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

3 OAKVIEW CLOSE Sold Prices

Land registry data shows two sales for 3 OAKVIEW 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 OAKVIEW CLOSE sales were for above 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
2014 10 APR	£1,320,000	£785,176	68% above HPI
1998 8 DEC	£540,000	£268,349	101% above HPI

3 OAKVIEW 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 OAKVIEW CLOSE sales from December 1998 and April 2014 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 1998 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the April 2014 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 3 OAKVIEW CLOSE be worth now?

3 OAKVIEW CLOSE might now be worth an estimated £2,080,677.

This is based on house price inflation of 57.6%, between April 2014 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 57.6% inflationary increase is applied to the most recent sale price for 3 OAKVIEW CLOSE of £1,320,000 on 10th April 2014. For the value to have increased from £1,320,000 to £2,080,677 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 3 OAKVIEW CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The April 2014 sale price of £1,320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKVIEW CLOSE has not materially changed since April 2014.

How Large is 3 OAKVIEW CLOSE?

3 OAKVIEW CLOSE is 207m² according to the EPC inspection conducted in May 2013. This puts it in the largest 40% 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 OAKVIEW CLOSE lies on this distribution: 69% of detached houses houses are smaller than 3 OAKVIEW CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

3 OAKVIEW CLOSE: Plot and Title Map

3 OAKVIEW CLOSE sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of 3 OAKVIEW 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 OAKVIEW 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 OAKVIEW CLOSE?

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