49, MIDWAY, ST ALBANS, AL3 4BB - £1,000,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

49 MIDWAY is a small extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £1,000,000 in April 2022, which was around 10% below the average April 2022 detached price in the St Albans local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

49 MIDWAY Sold Prices

Land registry data shows two sales for 49 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 49 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
2022 28 APR	£1,000,000	£1,105,753	10% below HPI
2004 13 JAN	£412,500	£462,949	11% below HPI

49 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 49 MIDWAY sales from January 2004 and April 2022 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 January 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 49 MIDWAY?

49 MIDWAY is 109m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses by size in St Albans, and where 49 MIDWAY lies on this distribution: 24% of detached houses are smaller than 49 MIDWAY, and 75% of houses are larger. Note that EPC data is not available for all properties in St Albans.

49 MIDWAY: Plot and Title Map

49 MIDWAY sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 49 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 49 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 49 MIDWAY?

49 MIDWAY is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 49 on MIDWAY.