3, MARCONI WAY, ST ALBANS, AL4 0JG - £495,000

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.

3 MARCONI WAY is a small detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £851,851. It was last sold for £495,000 in August 2012, which was around 31% below the average August 2012 detached price in the St Albans local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

3 MARCONI WAY Sold Prices

Land registry data shows three sales for 3 MARCONI WAY 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. All of the three 3 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
2012 29 AUG	£495,000	£719,183	31% below HPI
2007 14 FEB	£425,000	£616,302	31% below HPI
2000 30 JUN	£244,995	£362,324	32% below HPI

3 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 three 3 MARCONI WAY sales between June 2000 and August 2012 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 February 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2012 sale, which was also at 31% below the HPI.

What might 3 MARCONI WAY be worth now?

3 MARCONI WAY might now be worth an estimated £851,851.

This is based on house price inflation of 72.1%, between August 2012 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 72.1% inflationary increase is applied to the most recent sale price for 3 MARCONI WAY of £495,000 on 29th August 2012. For the value to have increased from £495,000 to £851,851 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 3 MARCONI WAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The August 2012 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARCONI WAY has not materially changed since August 2012.

How Large is 3 MARCONI WAY?

3 MARCONI WAY is 108m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% 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 3 MARCONI WAY lies on this distribution: 23% of detached houses houses are smaller than 3 MARCONI WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in St Albans.

3 MARCONI WAY: Plot and Title Map

3 MARCONI WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 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 3 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 3 MARCONI WAY?

3 MARCONI WAY is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 3 on MARCONI WAY.