3, THE CLEAVE, HARPENDEN, AL5 5SJ - £500,000

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 THE CLEAVE is a small detached house of 124m², built sometime between 1976 and 1982, which could now be worth an estimated £899,371. It was last sold for £500,000 in December 2010, which was around 27% below the average December 2010 detached price in the St Albans local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

3 THE CLEAVE Sold Prices

Land registry data shows two sales for 3 THE CLEAVE 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 THE CLEAVE 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
2010 13 DEC	£500,000	£688,064	27% below HPI
2003 19 DEC	£350,000	£486,454	28% below HPI

3 THE CLEAVE 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 THE CLEAVE sales from December 2003 and December 2010 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 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2010 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 THE CLEAVE be worth now?

3 THE CLEAVE might now be worth an estimated £899,371.

This is based on house price inflation of 79.9%, between December 2010 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 79.9% inflationary increase is applied to the most recent sale price for 3 THE CLEAVE of £500,000 on 13th December 2010. For the value to have increased from £500,000 to £899,371 over the fifteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 THE CLEAVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The December 2010 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE CLEAVE has not materially changed since December 2010.

How Large is 3 THE CLEAVE?

3 THE CLEAVE is 124m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 30% 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 THE CLEAVE lies on this distribution: 23% of detached houses houses are smaller than 3 THE CLEAVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

3 THE CLEAVE: Plot and Title Map

3 THE CLEAVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 3 THE CLEAVE, 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 THE CLEAVE). 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 THE CLEAVE?

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