31, MONKS HORTON WAY, ST ALBANS, AL1 4HA - £960,000

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

31 MONKS HORTON WAY is a midsized extended detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £1,125,051. It was last sold for £960,000 in September 2018, which was around 9% below the average September 2018 detached price in the St Albans local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

31 MONKS HORTON WAY Sold Prices

Land registry data shows two sales for 31 MONKS HORTON 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 31 MONKS HORTON 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
2018 28 SEP	£960,000	£1,056,080	9% below HPI
2010 29 OCT	£565,000	£694,275	19% below HPI

31 MONKS HORTON 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 31 MONKS HORTON WAY sales from October 2010 and September 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 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 31 MONKS HORTON WAY be worth now?

31 MONKS HORTON WAY might now be worth an estimated £1,125,051.

This is based on house price inflation of 17.2%, between September 2018 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 17.2% inflationary increase is applied to the most recent sale price for 31 MONKS HORTON WAY of £960,000 on 28th September 2018. For the value to have increased from £960,000 to £1,125,051 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 31 MONKS HORTON WAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The September 2018 sale price of £960,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MONKS HORTON WAY has not materially changed since September 2018.

How Large is 31 MONKS HORTON WAY?

31 MONKS HORTON WAY is 127m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% 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 MONKS HORTON WAY lies on this distribution: 41% of detached houses houses are smaller than 31 MONKS HORTON WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in St Albans.

31 MONKS HORTON WAY: Plot and Title Map

31 MONKS HORTON WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 31 MONKS HORTON 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 31 MONKS HORTON 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 31 MONKS HORTON WAY?

31 MONKS HORTON WAY is located in ST ALBANS, in the AL1 postcode district. The below map shows the position of No. 31 on MONKS HORTON WAY.