31, MIDWAY, ST ALBANS, AL3 4BB - £1,260,000

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.

31 MIDWAY is a very large extended detached house of 235m², built sometime between 1950 and 1966, which could now be worth an estimated £1,489,991. It was last sold for £1,260,000 in March 2017, which was around 20% above the average March 2017 detached price in the St Albans local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

31 MIDWAY Sold Prices

Land registry data shows two sales for 31 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. One of the two 31 MIDWAY sales was for above the average price, whilst the other 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
2017 31 MAR	£1,260,000	£1,046,610	20% above HPI
2012 3 FEB	£590,000	£686,821	14% below HPI

31 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 31 MIDWAY sales from February 2012 and March 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 February 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2017 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 31 MIDWAY be worth now?

31 MIDWAY might now be worth an estimated £1,489,991.

This is based on house price inflation of 18.3%, between March 2017 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 18.3% inflationary increase is applied to the most recent sale price for 31 MIDWAY of £1,260,000 on 31st March 2017. For the value to have increased from £1,260,000 to £1,489,991 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 31 MIDWAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The March 2017 sale price of £1,260,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MIDWAY has not materially changed since March 2017.

How Large is 31 MIDWAY?

31 MIDWAY is 235m², which includes three extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% 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 31 MIDWAY lies on this distribution: 89% of detached houses houses are smaller than 31 MIDWAY, and 11% of houses are larger. Note that EPC data is not available for all properties in St Albans.

31 MIDWAY: Plot and Title Map

31 MIDWAY sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 31 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 31 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 31 MIDWAY?

31 MIDWAY is located in ST ALBANS, in the AL3 postcode district. The below map shows the position of No. 31 on MIDWAY.