5, MORAN CLOSE, BRICKET WOOD, ST ALBANS, AL2 3YT - £577,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MORAN CLOSE is a small detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £939,351. It was last sold for £577,000 in January 2014, which was around 25% below the average January 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 B.

5 MORAN CLOSE Sold Prices

Land registry data shows two sales for 5 MORAN 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 5 MORAN 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
2014 16 JAN	£577,000	£764,457	25% below HPI
1998 4 JUL	£220,000	£266,361	17% below HPI

5 MORAN 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 5 MORAN CLOSE sales from July 1998 and January 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 July 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 MORAN CLOSE be worth now?

5 MORAN CLOSE might now be worth an estimated £939,351.

This is based on house price inflation of 62.8%, between January 2014 and December 2024, 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 62.8% inflationary increase is applied to the most recent sale price for 5 MORAN CLOSE of £577,000 on 16th January 2014. For the value to have increased from £577,000 to £939,351 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 5 MORAN CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The January 2014 sale price of £577,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MORAN CLOSE has not materially changed since January 2014.

How Large is 5 MORAN CLOSE?

5 MORAN CLOSE is 111m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses houses in Bricket Wood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bricket Wood, and where 5 MORAN CLOSE lies on this distribution: 33% of detached houses houses are smaller than 5 MORAN CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bricket Wood.

5 MORAN CLOSE: Plot and Title Map

5 MORAN CLOSE sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of 5 MORAN 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 5 MORAN 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 5 MORAN CLOSE?

5 MORAN CLOSE is located in BRICKET WOOD, in the AL2 postcode district. The below map shows the position of No. 5 on MORAN CLOSE.