24, MORRIS WAY, LONDON COLNEY, ST ALBANS, AL2 1JL - £625,000

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

24 MORRIS WAY is a very small extended semi-detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £746,428. It was last sold for £625,000 in August 2017, which was around 1% below the average August 2017 semi-detached price in the St Albans local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

24 MORRIS WAY Sold Prices

Land registry data shows two sales for 24 MORRIS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the St Albans local authority area for the corresponding sale date. Both of the two 24 MORRIS 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 30 AUG	£625,000	£630,960	1% below HPI
2010 14 MAY	£280,000	£397,909	30% below HPI

24 MORRIS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the St Albans local authority area over time, sourced from the HPI. The two 24 MORRIS WAY sales from May 2010 and August 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 May 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 24 MORRIS WAY be worth now?

24 MORRIS WAY might now be worth an estimated £746,428.

This is based on house price inflation of 19.4%, between August 2017 and February 2025, for semi-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 19.4% inflationary increase is applied to the most recent sale price for 24 MORRIS WAY of £625,000 on 30th August 2017. For the value to have increased from £625,000 to £746,428 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 24 MORRIS WAY has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The August 2017 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MORRIS WAY has not materially changed since August 2017.

How Large is 24 MORRIS WAY?

24 MORRIS WAY is 85m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of semi-detached houses houses in London Colney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London Colney, and where 24 MORRIS WAY lies on this distribution: 10% of semi-detached houses houses are smaller than 24 MORRIS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in London Colney.

24 MORRIS WAY: Plot and Title Map

24 MORRIS WAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 24 MORRIS 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 24 MORRIS 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 24 MORRIS WAY?

24 MORRIS WAY is located in LONDON COLNEY, in the AL2 postcode district. The below map shows the position of No. 24 on MORRIS WAY.