42, MIDWAY, ST ALBANS, AL3 4BQ - £450,000

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.

42 MIDWAY is a very small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £710,871. It was last sold for £450,000 in March 2014, which was around 43% below the average March 2014 detached price in the St Albans local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

42 MIDWAY Sold Prices

Land registry data shows two sales for 42 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. Both of the two 42 MIDWAY 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
2014 28 MAR	£450,000	£783,465	43% below HPI
2001 23 FEB	£257,500	£377,526	32% below HPI

42 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 42 MIDWAY sales from February 2001 and March 2014 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 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 42 MIDWAY be worth now?

42 MIDWAY might now be worth an estimated £710,871.

This is based on house price inflation of 58%, between March 2014 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 58% inflationary increase is applied to the most recent sale price for 42 MIDWAY of £450,000 on 28th March 2014. For the value to have increased from £450,000 to £710,871 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 42 MIDWAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The March 2014 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 42 MIDWAY has not materially changed since March 2014.

How Large is 42 MIDWAY?

42 MIDWAY is 86m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 42 MIDWAY lies on this distribution: 7% of detached houses houses are smaller than 42 MIDWAY, and 92% of houses are larger. Note that EPC data is not available for all properties in St Albans.

42 MIDWAY: Plot and Title Map

42 MIDWAY sits on a plot of roughly 0.222 of an acre, or 898m². The below map shows the location of 42 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 42 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 42 MIDWAY?

42 MIDWAY is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 42 on MIDWAY.