8, ARAN CLOSE, HARPENDEN, AL5 1SW - £1,050,000

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.

8 ARAN CLOSE is a large extended detached house of 215m², built sometime between 1967 and 1975, which could now be worth an estimated £1,107,399. It was last sold for £1,050,000 in August 2023, which was around 11% below the average August 2023 detached price in the St Albans local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

8 ARAN CLOSE Sold Prices

Land registry data shows four sales for 8 ARAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the four 8 ARAN 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
2023 31 AUG	£1,050,000	£1,173,500	11% below HPI
2017 27 OCT	£680,000	£1,056,120	36% below HPI
2009 27 NOV	£480,000	£615,189	22% below HPI
2004 30 JUL	£345,000	£514,850	33% below HPI

8 ARAN 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 four 8 ARAN CLOSE sales between July 2004 and August 2023 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 October 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 ARAN CLOSE be worth now?

8 ARAN CLOSE might now be worth an estimated £1,107,399.

This is based on house price inflation of 5.5%, between August 2023 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 5.5% inflationary increase is applied to the most recent sale price for 8 ARAN CLOSE of £1,050,000 on 31st August 2023. For the value to have increased from £1,050,000 to £1,107,399 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 8 ARAN CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The August 2023 sale price of £1,050,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ARAN CLOSE has not materially changed since August 2023.

How Large is 8 ARAN CLOSE?

8 ARAN CLOSE is 215m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 8 ARAN CLOSE lies on this distribution: 71% of detached houses houses are smaller than 8 ARAN CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

8 ARAN CLOSE: Plot and Title Map

8 ARAN CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 8 ARAN 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 8 ARAN 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 8 ARAN CLOSE?

8 ARAN CLOSE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 8 on ARAN CLOSE.