51, MIDWAY, ST ALBANS, AL3 4BB - £755,000

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.

51 MIDWAY is a small detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £926,835. It was last sold for £755,000 in May 2019, which was around 25% below the average May 2019 detached price in the St Albans local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

51 MIDWAY Sold Prices

Land registry data shows two sales for 51 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 51 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
2019 3 MAY	£755,000	£1,008,190	25% below HPI
1998 30 JAN	£160,000	£251,336	36% below HPI

51 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 51 MIDWAY sales from January 1998 and May 2019 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 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 51 MIDWAY be worth now?

51 MIDWAY might now be worth an estimated £926,835.

This is based on house price inflation of 22.8%, between May 2019 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 22.8% inflationary increase is applied to the most recent sale price for 51 MIDWAY of £755,000 on 3rd May 2019. For the value to have increased from £755,000 to £926,835 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 51 MIDWAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The May 2019 sale price of £755,000 represented a fair market value for the property.
• The size, condition, and specification of 51 MIDWAY has not materially changed since May 2019.

How Large is 51 MIDWAY?

51 MIDWAY is 112m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% 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 51 MIDWAY lies on this distribution: 27% of detached houses houses are smaller than 51 MIDWAY, and 72% of houses are larger. Note that EPC data is not available for all properties in St Albans.

51 MIDWAY: Plot and Title Map

51 MIDWAY sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 51 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 51 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 51 MIDWAY?

51 MIDWAY is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 51 on MIDWAY.