5, NEWLAND CLOSE, ST ALBANS, AL1 1TE - £580,000

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 NEWLAND CLOSE is a small detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £1,033,938. It was last sold for £580,000 in October 2010, which was around 16% below the average October 2010 detached price in the St Albans local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

5 NEWLAND CLOSE Sold Prices

Land registry data shows two sales for 5 NEWLAND 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 NEWLAND 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
2010 4 OCT	£580,000	£694,275	16% below HPI
1996 12 SEP	£179,950	£196,458	8% below HPI

5 NEWLAND 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 NEWLAND CLOSE sales from September 1996 and October 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 September 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2010 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 NEWLAND CLOSE be worth now?

5 NEWLAND CLOSE might now be worth an estimated £1,033,938.

This is based on house price inflation of 78.3%, between October 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 78.3% inflationary increase is applied to the most recent sale price for 5 NEWLAND CLOSE of £580,000 on 4th October 2010. For the value to have increased from £580,000 to £1,033,938 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 NEWLAND CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The October 2010 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NEWLAND CLOSE has not materially changed since October 2010.

How Large is 5 NEWLAND CLOSE?

5 NEWLAND CLOSE is 118m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% 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 NEWLAND CLOSE lies on this distribution: 33% of detached houses houses are smaller than 5 NEWLAND CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in St Albans.

5 NEWLAND CLOSE: Plot and Title Map

5 NEWLAND CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 5 NEWLAND 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 NEWLAND 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 NEWLAND CLOSE?

5 NEWLAND CLOSE is located in ST. ALBANS, in the AL1 postcode district. The below map shows the position of No. 5 on NEWLAND CLOSE.