2, MARCONI WAY, ST ALBANS, AL4 0JG - £762,500

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

2 MARCONI WAY is a small extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £762,500 in September 2017, which was around 28% below the average September 2017 detached price in the St Albans local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

2 MARCONI WAY Sold Prices

Land registry data shows two sales for 2 MARCONI WAY 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 2 MARCONI WAY 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
2017 6 SEP	£762,500	£1,057,470	28% below HPI
2000 31 MAR	£295,000	£342,937	14% below HPI

2 MARCONI WAY 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 2 MARCONI WAY sales from March 2000 and September 2017 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 March 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 MARCONI WAY be worth now?

2 MARCONI WAY might now be worth an estimated £897,382.

This is based on house price inflation of 17.7%, between September 2017 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 17.7% inflationary increase is applied to the most recent sale price for 2 MARCONI WAY of £762,500 on 6th September 2017. For the value to have increased from £762,500 to £897,382 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 MARCONI WAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The September 2017 sale price of £762,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MARCONI WAY has not materially changed since September 2017.

How Large is 2 MARCONI WAY?

2 MARCONI WAY is 123m², which includes one extension, according to the EPC inspection conducted in July 2017. 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 2 MARCONI WAY lies on this distribution: 38% of detached houses houses are smaller than 2 MARCONI WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in St Albans.

2 MARCONI WAY: Plot and Title Map

2 MARCONI WAY sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 2 MARCONI WAY, 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 2 MARCONI WAY). 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 2 MARCONI WAY?

2 MARCONI WAY is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 2 on MARCONI WAY.