3, REEDHAM CLOSE, BRICKET WOOD, ST ALBANS, AL2 3QT - £526,250

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 REEDHAM CLOSE is a very large extended detached house of 220m², built sometime between 1950 and 1966. It was last sold for £526,250 in October 2015, which was around 41% below the average October 2015 detached price in the St Albans local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

3 REEDHAM CLOSE Sold Prices

Land registry data shows three sales for 3 REEDHAM 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 REEDHAM 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
2015 23 OCT	£526,250	£895,907	41% below HPI
2015 29 JAN	£485,000	£825,859	41% below HPI
2007 29 JUN	£440,000	£602,878	27% below HPI

3 REEDHAM 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 REEDHAM CLOSE sales between June 2007 and October 2015 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 January 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2015 sale, which was also at 41% below the HPI.

How Large is 3 REEDHAM CLOSE?

3 REEDHAM CLOSE is 220m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses in Bricket Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Bricket Wood, and where 3 REEDHAM CLOSE lies on this distribution: 92% of detached houses are smaller than 3 REEDHAM CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Bricket Wood.

3 REEDHAM CLOSE: Plot and Title Map

3 REEDHAM CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 3 REEDHAM 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 REEDHAM 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 REEDHAM CLOSE?

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