14, MIDWAY, ST ALBANS, AL3 4BG - £1,285,000

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.

14 MIDWAY is a very large extended detached house of 320m², built sometime between 1930 and 1949, which could now be worth an estimated £2,025,508. It was last sold for £1,285,000 in April 2014, which was around 64% above the average April 2014 detached price in the St Albans local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was C.

14 MIDWAY Sold Prices

Land registry data shows three sales for 14 MIDWAY 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. Two of the three 14 MIDWAY sales were for above the average price, whilst one was 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 4 APR	£1,285,000	£785,176	64% above HPI
2006 14 JUL	£950,000	£565,723	68% above HPI
2003 11 DEC	£446,000	£486,454	8% below HPI

14 MIDWAY 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 14 MIDWAY sales between December 2003 and April 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 2006 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the April 2014 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 14 MIDWAY be worth now?

14 MIDWAY might now be worth an estimated £2,025,508.

This is based on house price inflation of 57.6%, between April 2014 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 57.6% inflationary increase is applied to the most recent sale price for 14 MIDWAY of £1,285,000 on 4th April 2014. For the value to have increased from £1,285,000 to £2,025,508 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 14 MIDWAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The April 2014 sale price of £1,285,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MIDWAY has not materially changed since April 2014.

How Large is 14 MIDWAY?

14 MIDWAY is 320m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% 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 14 MIDWAY lies on this distribution: 96% of detached houses houses are smaller than 14 MIDWAY, and 4% of houses are larger. Note that EPC data is not available for all properties in St Albans.

14 MIDWAY: Plot and Title Map

14 MIDWAY sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 14 MIDWAY, 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 14 MIDWAY). 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 14 MIDWAY?

14 MIDWAY is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 14 on MIDWAY.