18, MIDWAY, ST ALBANS, AL3 4BQ - £1,107,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 MIDWAY is a large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £1,107,500 in March 2018, which was around 13% above the average March 2018 detached price in the St Albans local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

18 MIDWAY Sold Prices

Land registry data shows two sales for 18 MIDWAY 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 18 MIDWAY sales were for above 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
2018 28 MAR	£1,107,500	£983,448	13% above HPI
2002 15 OCT	£550,000	£447,473	23% above HPI

18 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 two 18 MIDWAY sales from October 2002 and March 2018 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 2002 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2018 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 18 MIDWAY?

18 MIDWAY is 157m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses by size in St Albans, and where 18 MIDWAY lies on this distribution: 62% of detached houses are smaller than 18 MIDWAY, and 37% of houses are larger. Note that EPC data is not available for all properties in St Albans.

18 MIDWAY: Plot and Title Map

18 MIDWAY sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 18 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 18 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 18 MIDWAY?

18 MIDWAY is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 18 on MIDWAY.