48, MIDWAY, ST ALBANS, AL3 4BQ - £750,000

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.

48 MIDWAY is a small detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £1,474,193. It was last sold for £750,000 in January 2010, which was around 19% above the average January 2010 detached price in the St Albans local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

48 MIDWAY Sold Prices

Land registry data shows two sales for 48 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 48 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
2010 11 JAN	£750,000	£629,658	19% above HPI
1995 24 NOV	£105,750	£186,259	43% below HPI

48 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 48 MIDWAY sales from November 1995 and January 2010 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 November 1995 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2010 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 48 MIDWAY be worth now?

48 MIDWAY might now be worth an estimated £1,474,193.

This is based on house price inflation of 96.6%, between January 2010 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 96.6% inflationary increase is applied to the most recent sale price for 48 MIDWAY of £750,000 on 11th January 2010. For the value to have increased from £750,000 to £1,474,193 over the fourteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 48 MIDWAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The January 2010 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MIDWAY has not materially changed since January 2010.

How Large is 48 MIDWAY?

48 MIDWAY is 122m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 40% 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 48 MIDWAY lies on this distribution: 36% of detached houses houses are smaller than 48 MIDWAY, and 64% of houses are larger. Note that EPC data is not available for all properties in St Albans.

48 MIDWAY: Plot and Title Map

48 MIDWAY sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 48 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 48 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 48 MIDWAY?

48 MIDWAY is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 48 on MIDWAY.