5, CRAIGLANDS, ST ALBANS, AL4 9AH - £640,000

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.

5 CRAIGLANDS is a very small extended detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £735,383. It was last sold for £640,000 in June 2021, which was around 41% below the average June 2021 detached price in the St Albans local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

5 CRAIGLANDS Sold Prices

Land registry data shows three sales for 5 CRAIGLANDS 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 5 CRAIGLANDS 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
2021 29 JUN	£640,000	£1,077,120	41% below HPI
2013 13 NOV	£399,950	£750,756	47% below HPI
2001 2 JUL	£235,000	£395,635	41% below HPI

5 CRAIGLANDS 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 5 CRAIGLANDS sales between July 2001 and June 2021 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 2013 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 5 CRAIGLANDS be worth now?

5 CRAIGLANDS might now be worth an estimated £735,383.

This is based on house price inflation of 14.9%, between June 2021 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 14.9% inflationary increase is applied to the most recent sale price for 5 CRAIGLANDS of £640,000 on 29th June 2021. For the value to have increased from £640,000 to £735,383 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 CRAIGLANDS has moved in line with the HPI for detached houses in the St Albans local authority area.
• The June 2021 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CRAIGLANDS has not materially changed since June 2021.

How Large is 5 CRAIGLANDS?

5 CRAIGLANDS is 94m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses houses by size in St Albans, and where 5 CRAIGLANDS lies on this distribution: 12% of detached houses houses are smaller than 5 CRAIGLANDS, and 88% of houses are larger. Note that EPC data is not available for all properties in St Albans.

5 CRAIGLANDS: Plot and Title Map

5 CRAIGLANDS sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 5 CRAIGLANDS, 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 5 CRAIGLANDS). 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 5 CRAIGLANDS?

5 CRAIGLANDS is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 5 on CRAIGLANDS.