3, PALFREY CLOSE, ST ALBANS, AL3 5RE - £1,350,000

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 PALFREY CLOSE is a large extended semi-detached house of 174m², built sometime between 1930 and 1949, which could now be worth an estimated £1,375,893. It was last sold for £1,350,000 in October 2022, which was around 83% above the average October 2022 semi-detached price in the St Albans local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

3 PALFREY CLOSE Sold Prices

Land registry data shows two sales for 3 PALFREY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the St Albans local authority area for the corresponding sale date. Both of the two 3 PALFREY 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
2022 24 OCT	£1,350,000	£739,365	83% above HPI
2003 14 NOV	£500,000	£289,704	73% above HPI

3 PALFREY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the St Albans local authority area over time, sourced from the HPI. The two 3 PALFREY CLOSE sales from November 2003 and October 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 November 2003 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the October 2022 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might 3 PALFREY CLOSE be worth now?

3 PALFREY CLOSE might now be worth an estimated £1,375,893.

This is based on house price inflation of 1.9%, between October 2022 and February 2025, for semi-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 1.9% inflationary increase is applied to the most recent sale price for 3 PALFREY CLOSE of £1,350,000 on 24th October 2022. For the value to have increased from £1,350,000 to £1,375,893 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 PALFREY CLOSE has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The October 2022 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PALFREY CLOSE has not materially changed since October 2022.

How Large is 3 PALFREY CLOSE?

3 PALFREY CLOSE is 174m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of semi-detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in St Albans, and where 3 PALFREY CLOSE lies on this distribution: 72% of semi-detached houses houses are smaller than 3 PALFREY CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in St Albans.

3 PALFREY CLOSE: Plot and Title Map

3 PALFREY CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 3 PALFREY 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 PALFREY 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 PALFREY CLOSE?

3 PALFREY CLOSE is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 3 on PALFREY CLOSE.