5, NEWFIELD WAY, ST ALBANS, AL4 0GB - £490,000

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.

5 NEWFIELD WAY is a very small semi-detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £585,428. It was last sold for £490,000 in February 2020, which was around 22% below the average February 2020 semi-detached price in the St Albans local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

5 NEWFIELD WAY Sold Prices

Land registry data shows three sales for 5 NEWFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the St Albans local authority area for the corresponding sale date. One of the three 5 NEWFIELD WAY sales was for below the average price, whilst two were for above 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
2020 14 FEB	£490,000	£630,714	22% below HPI
2001 17 JAN	£212,500	£207,929	2% above HPI
1998 30 JUN	£161,995	£149,533	8% above HPI

5 NEWFIELD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the St Albans local authority area over time, sourced from the HPI. The three 5 NEWFIELD WAY sales between June 1998 and February 2020 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 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 5 NEWFIELD WAY be worth now?

5 NEWFIELD WAY might now be worth an estimated £585,428.

This is based on house price inflation of 19.5%, between February 2020 and February 2025, for semi-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 19.5% inflationary increase is applied to the most recent sale price for 5 NEWFIELD WAY of £490,000 on 14th February 2020. For the value to have increased from £490,000 to £585,428 over the five years to February 2025, the following assumptions must hold true:

• The value of 5 NEWFIELD WAY has moved in line with the HPI for semi-detached houses in the St Albans local authority area.
• The February 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NEWFIELD WAY has not materially changed since February 2020.

How Large is 5 NEWFIELD WAY?

5 NEWFIELD WAY is 75m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of semi-detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in St Albans, and where 5 NEWFIELD WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 5 NEWFIELD WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in St Albans.

5 NEWFIELD WAY: Plot and Title Map

5 NEWFIELD WAY sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 5 NEWFIELD 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 5 NEWFIELD 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 5 NEWFIELD WAY?

5 NEWFIELD WAY is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 5 on NEWFIELD WAY.